Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3 (9 marks) Part (a) (4 marks) Peter's Creations produces homemade quality pies which currently sell for $8 a pie. The entity has developed

image text in transcribed
Question 3 (9 marks) Part (a) (4 marks) Peter's Creations produces homemade quality pies which currently sell for $8 a pie. The entity has developed its web page and is trying to expand customer reach to this form of medium. Sales in units for each quarter of 2020 were as follows: Units Quarter Ending 31 March 15,000 30,000 30 June 30 September 31 December 40,000 10,000 Due to the change in sales strategy and other operating conditions, Peter expects the following changes to sales for 2021: Quarter Ending 31 March 30 June Expected Change Decrease by 6% Increase by 7% Increase by 4% Decrease by 10% 30 September 31 December Peter also believes that the selling price should increase to $10 for the last two quarters of 2021. Required Prepare a Sales Budget for 2021. Ensure you show all your workings. You may use either word or excel to answer this question but your final submission must be in this one document and not include screen shots or photos as these cannot be reviewed by Turnitin. Please note: you will only be penalised once for an error, please continue with the question even if you are not sure as you may receive marks. P

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mastering Cloud Auditing A Comprehensive Guide To Learn Cloud Auditing

Authors: Cybellium Ltd, Kris Hermans

1st Edition

B0CHL8DYC7, 979-8861283809

More Books

Students also viewed these Accounting questions

Question

1. Explain how business strategy affects HR strategy.

Answered: 1 week ago