Sales Budget Ricky attempts to balance its concerns about stockouts of inventory with concerns about excess inventory for the year. Ricky has developed the probabilities below for sales for the coming year. What amount should Ricky budget for sales for the coming year? Sales Level $100,000 $200,000 $300,000 $400,000 $500,000 Probability 20% 30% 30% 15% 5% Answer: Probability-weighted amount Sales Level $100,000 $200,000 $300,000 $400,000 $500,000 Total Sales Probability 20% 30% 30% 15% 5% 100%