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Sales Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $532, and the S12L5 sells for $336. Projected
Sales Budget
Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $532, and the S12L5 sells for $336. Projected sales (number of speakers) for the coming five quarters are as follows:
S12L7 | S12L5 | |
First quarter, 20X1 | 800 | 1,300 |
Second quarter, 20X1 | 2,200 | 1,400 |
Third quarter, 20X1 | 5,600 | 5,300 |
Fourth quarter, 20X1 | 4,600 | 3,900 |
First quarter, 20X2 | 900 | 1,200 |
The vice president of sales believes that the projected sales are realistic and can be achieved by the company.
Required:
Prepare a sales budget for each quarter of 20X1 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, 20X1 | |||||
1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Year | |
S12L7: | |||||
Units | |||||
Price | $ | $ | $ | $ | $ |
Sales | $ | $ | $ | $ | $ |
S12L5: | |||||
Units | |||||
Price | $ | $ | $ | $ | $ |
Sales | $ | $ | $ | $ | $ |
Total sales | $ | $ | $ | $ | $ |
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