Question
Question Content Area Sales Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $660, and the S12L5 sells
Question Content Area
Sales Budget
Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $660, and the S12L5 sells for $417. Projected sales (number of speakers) for the coming five quarters are as follows:
S12L7 | S12L5 | |
First quarter, 20Y1 | 800 | 1,300 |
Second quarter, 20Y1 | 2,200 | 1,400 |
Third quarter, 20Y1 | 5,600 | 5,300 |
Fourth quarter, 20Y1 | 4,600 | 3,900 |
First quarter, 20Y2 | 900 | 1,200 |
The vice president of sales believes that the projected sales are realistic and can be achieved by the company.
Required:
Question Content Area
Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer.
1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Year | |
S12L7: | |||||
Units | fill in the blank c24c72fd1024054_1 | fill in the blank c24c72fd1024054_2 | fill in the blank c24c72fd1024054_3 | fill in the blank c24c72fd1024054_4 | fill in the blank c24c72fd1024054_5 |
Price | $fill in the blank c24c72fd1024054_6 | $fill in the blank c24c72fd1024054_7 | $fill in the blank c24c72fd1024054_8 | $fill in the blank c24c72fd1024054_9 | $fill in the blank c24c72fd1024054_10 |
Sales | $fill in the blank c24c72fd1024054_11 | $fill in the blank c24c72fd1024054_12 | $fill in the blank c24c72fd1024054_13 | $fill in the blank c24c72fd1024054_14 | $fill in the blank c24c72fd1024054_15 |
S12L5: | |||||
Units | fill in the blank c24c72fd1024054_16 | fill in the blank c24c72fd1024054_17 | fill in the blank c24c72fd1024054_18 | fill in the blank c24c72fd1024054_19 | fill in the blank c24c72fd1024054_20 |
Price | $fill in the blank c24c72fd1024054_21 | $fill in the blank c24c72fd1024054_22 | $fill in the blank c24c72fd1024054_23 | $fill in the blank c24c72fd1024054_24 | $fill in the blank c24c72fd1024054_25 |
Sales | $fill in the blank c24c72fd1024054_26 | $fill in the blank c24c72fd1024054_27 | $fill in the blank c24c72fd1024054_28 | $fill in the blank c24c72fd1024054_29 | $fill in the blank c24c72fd1024054_30 |
Total sales | $fill in the blank c24c72fd1024054_31 | $fill in the blank c24c72fd1024054_32 | $fill in the blank c24c72fd1024054_33 | $fill in the blank c24c72fd1024054_34 | $fill in the blank c24c72fd1024054_35 |
Question Content Area
How will Stillwater Designs use this sales budget?
Stillwater Designs will use the sales budget in planning as the basis for the production budget.
The company can also compare actual sales against the budget to see if expectations were achieved.
Both 1 and 2
None of the above
1234
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