Question

The sales budget for Modesto Corp. shows that 30,000 units of Product A and 32,000 units...

The sales budget for Modesto Corp. shows that 30,000 units of Product A and 32,000 units of Product B are going to be sold for prices of $12 and $14, respectively. The desired ending inventory of Product A is 25% higher than its beginning inventory of 3,000 units. The beginning inventory of Product B is 3,500 units. The desired ending inventory of B is 4,000 units. Total budgeted sales of both products for the year would be:

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Answer #1
Product A Product B
Total Budgeted Sales $ 3,60,000 $4,48,000
Workings:
A B
(i) Budgeted sale units         30,000        32,000
(ii) Selling price per unit $             12 $            14
(i) * (ii) Total Budgeted Sales $ 3,60,000 $4,48,000

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