Question
TJ Class Company sells three products with the following seasonal sales pattern: Products: Quarter A B C 1 40% 30% 10% 2 30% 20% 40%
TJ Class Company sells three products with the following seasonal sales pattern:
Products:
| Quarter | A | B | C |
| 1 | 40% | 30% | 10% |
| 2 | 30% | 20% | 40% |
| 3 | 20% | 20% | 40% |
| 4 | 10% | 30% | 10% |
| Total | 100% | 100% | 100% |
The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows:
| Product | Units | Selling Price |
| A | 100,000 | $5 |
| B | 80,000 | $20 |
| C | 200,000 | $8 |
Required: Prepare a sales budget in units and dollars by quarters for the company for the coming year.
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
