The previous years sales (2020) for the corresponding period were:

April 35,000 chocolate bars

May 44,000 chocolate bars

June 37,000 chocolate bars

July 45,000 chocolate bars

August 42,000 chocolate bars

The company expects the above volume of bar sales to increase by 7% for the period April 2021 August 2021. The budgeted selling price for 2021 is $9.00 per chocolate bar. The company expects 85% of its sales to be cash (COD) sales. The remaining 15% of sales will be made on credit. Prepare a Sales Budget for ChocoAlmo

***The picture shown is a sample of what the format is supposed to look like. Thanks!

$ 15.00 354 85 8 1 GBCoffee Company 2020 Budget Assumptions Prepared by Student Name 3 Sales Budget Assumptions Unit Price Percentage of Cash 8 Percentage of Credit sale Expected sales in 10 31 2019 Sales 12 Apri 13 June 15 July 16 August 17 TR 19 Production Budget Assumption 20 21 27 23 Direct Materials Budget Assumption 20 25 May 50.000 bage 55.000 bags 90,000 bag 75,000 bags 80.000 bage