Sales Budget

Assume that Stillwater Designs produces two automotive subwoofers: S$12$L$7$ and S$12$L$5.$ The S$12$L$7$ sells for $$513,$ and the S$12$L$5$ sells for $$324.$ Projected sales $($number of speakers$)$ for the coming five quarters are as follows:

S$12$L$7$ S$12$L$5$

First quarter, $20$Y$18001,300$

Second quarter, $20$Y$12,2001,400$

Third quarter, $20$Y$15,6005,300$

Fourth quarter, $20$Y$14,6003,900$

First quarter, $20$Y$29001,200$

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 $20$Y$1$ 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.

Stillwater Designs

Sales Budget

For the Year Ended December $31,20$Y$1$

$1$st Qtr$.2$nd Qtr$.3$rd Qtr$.4$th Qtr$.$ Year

S$12$L$7$:

Units fill in the blank $045$ec$10$a$5018$fc$0\_1$ fill in the blank $045$ec$10$a$5018$fc$0\_2$ fill in the blank $045$ec$10$a$5018$fc$0\_3$ fill in the blank $045$ec$10$a$5018$fc$0\_4$ fill in the blank $045$ec$10$a$5018$fc$0\_5$

Price $fill in the blank $045$ec$10$a$5018$fc$0\_6$ $fill in the blank $045$ec$10$a$5018$fc$0\_7$ $fill in the blank $045$ec$10$a$5018$fc$0\_8$ $fill in the blank $045$ec$10$a$5018$fc$0\_9$ $fill in the blank $045$ec$10$a$5018$fc$0\_10$

Sales $fill in the blank $045$ec$10$a$5018$fc$0\_11$ $fill in the blank $045$ec$10$a$5018$fc$0\_12$ $fill in the blank $045$ec$10$a$5018$fc$0\_13$ $fill in the blank $045$ec$10$a$5018$fc$0\_14$ $fill in the blank $045$ec$10$a$5018$fc$0\_15$

S$12$L$5$:

Units fill in the blank $045$ec$10$a$5018$fc$0\_16$ fill in the blank $045$ec$10$a$5018$fc$0\_17$ fill in the blank $045$ec$10$a$5018$fc$0\_18$ fill in the blank $045$ec$10$a$5018$fc$0\_19$ fill in the blank $045$ec$10$a$5018$fc$0\_20$

Price $fill in the blank $045$ec$10$a$5018$fc$0\_21$ $fill in the blank $045$ec$10$a$5018$fc$0\_22$ $fill in the blank $045$ec$10$a$5018$fc$0\_23$ $fill in the blank $045$ec$10$a$5018$fc$0\_24$ $fill in the blank $045$ec$10$a$5018$fc$0\_25$

Sales $fill in the blank $045$ec$10$a$5018$fc$0\_26$ $fill in the blank $045$ec$10$a$5018$fc$0\_27$ $fill in the blank $045$ec$10$a$5018$fc$0\_28$ $fill in the blank $045$ec$10$a$5018$fc$0\_29$ $fill in the blank $045$ec$10$a$5018$fc$0\_30$

Total sales $fill in the blank $045$ec$10$a$5018$fc$0\_31$ $fill in the blank $045$ec$10$a$5018$fc$0\_32$ $fill in the blank $045$ec$10$a$5018$fc$0\_33$ $fill in the blank $045$ec$10$a$5018$fc$0\_34$ $fill in the blank $045$ec$10$a$5018$fc$0\_35$

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