Question

At January,1,2019, LL company estimates it will sell 10,000 units during the first quarter of 2019 with 1000 units increase in sales each quarter. Each unit is sold for $150. How much is budgeted sales revenue (in $) for the second quarter of 2019?

Answer 1

The budgeted sales revenue (in $) for the second quarter of 2019 is calculated below:

Given that :

1)Company sell 10,000 units during the first quarter of 2019

2)1000 units increase in sales each quarter

So, the sell in units in second quarter of 2019 = 10,000 units + 1,000 units

= 11,000 units

So the budgeted sales revenue (in $) for the second quarter of 2019 = 11,000 units * $150

= $1,650,000

The budgeted sales revenue (in $) for the second quarter of 2019 is $1,650,000