Problem #8 - 4marks Nolo Enterprises is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 800,000 units. Quarterly sales are 20%, 28%, 31%, and 21%, respectively per quarter. The sales price is expected to be $2.00 per unit for the first quarter and then be increased by 10% each subsequent quarter. Instructions Prepare a sales budget for the third quarter of 2016 for Nolo Company