Sales Forecast and Flexible Budget Olympus, Inc., manufactures three models of mattresses: the Sleepeze, the Plushette, and the Ultima. Forecast sales for next year are 15,410 for the Sleepeze, 12,480 for the Plushette, and 4,630 for the Ultima. Gene Dixon, vice president of sales, has provided the following information: Salaries for his ofce (including himself at $66,750, a marketing research assistant at $44,150, and an administrative assistant at $24,900) are budgeted for $135,800 next year. Depreciation on the ofces and equipment is $21,250 per year. Ofce supplies and other expenses total $20,700 per year. 9-9."? Advertising has been steady at $21,000 per year. However, the Ultima is a new product and will require extensive advertising to educate consumers on the unique features of this high-end mattress. Gene believes the company should spend 20 percent of rst-year Ultima sales for a print and television campaign. Commissions on the Sleepeze and Plushette lines are 6 percent of sales. These commissions are paid to independent jobbers who sell the mattresses to retail stores. f. Last year, shipping for the Sleepeze and Plushette lines averaged $45 per unit sold. Gene expects the Ultima line to ship for $75 per unit sold since this model features a larger mattress. S\" Required: 1. Suppose that Gene is considering three sales scenarios as follows: Pessimistic Expected Optimistic Price Quantity Price Quantity Price Quantity Sleepeze $178 12,160 $199 15,410 $199 17,760 Plushette 304 9,900 359 12,480 374 13,930 Ultima 920 1,900 1,050 4,630 1,250 4,630 Prepare a revenue budget for the Sales Division for the coming year for each scenario. Olympus, Inc. Revenue Budget For the Coming Year