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