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Preparing a Sales Budget Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sold in the first 3 months
Preparing a Sales Budget
Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sold in the first 3 months of the coming year:
| January | 41,000 |
| February | 38,000 |
| March | 50,000 |
The average price for a drum is $41.
Required:
Prepare a sales budget for the first 3 months of the coming year, showing units and sales revenue by month and in total for the quarter. Do not include a multiplication symbol as part of your answer.
| Patrick Inc. | ||||
| Sales Budget | ||||
| For the Coming Quarter | ||||
| January | February | March | 1st Quarter Total | |
| Units | 41000 | 38000 | 50000 | 129000 |
| Price | $41 | $41 | $41 | $41 |
| Sales | $ | $ | $ | $ |
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