Question

Leaf Industries is preparing its master budget for 2021. Relevant data pertaining to its sales budget...

Leaf Industries is preparing its master budget for 2021. Relevant data pertaining to its sales budget are as follows:
Sales for the year are expected to total 8,000,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be Sh 20 per unit for the first quarter and then be increased to Sh 22 per unit in the second quarter.
Required
Prepare a sales budget for 2021 for Leaf Industries incorporating the quarterly budgets.

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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

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