1. Compute the increase or decrease of actual unit sales for the year ended Dece
ID: 2497155 • Letter: 1
Question
1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2014, over budget. Use the minus sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent. Unit Sales, Year Ended 2014 Increase (Decrease) Actual Over Budget Budget Actual Sales Percent 8" x 10" Frame: East West 12" x 16" Frame: East West 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2015, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 2015. Use the minus sign to indicatea decrease in percent. Round budgeted units to the nearest whole unit. 2014 Actual Units Percentage Increase (Decrease) 2015 Budgeted Units (rounded) 8" x 10" Frame: East West 12" x 16" Frame: East West Hide 3. Prepare a sales budget for the year ending December 31, 2015. Guardian Framing Inc. Sales Budget For the Year Ending December 31, 2015 Unit Sales Volume Unit Selling Price Product and Area Total Sales 8" 10" Frame:Explanation / Answer
1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2014 Unit Sales Increase (Decrease) Year ended 2014 Actual over Budget Budget Actual Difference Percent 8" X 10" Frame East 28600 29458 858 3.00% Central 8000 8080 80 1.00% West 7400 7252 -148 -2.00% Total 44000 44790 790 1.80% 12" X 16" Frame East 12200 12688 488 4.00% Central 2800 2772 -28 -1.00% West 1800 1854 54 3.00% Total 16800 17314 514 3.06% 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) Guardian Framing Inc. Sales Budget For the year ending December 31, 2015 Product and Area Unit sales volume Unit Selling price Total Sales 8" X 10" Frame East 30342 28 849576 Central 8161 28 228508 West 7107 28 198996 Total 45610 1277080 12" X 16" Frame East 13196 30 395880 Central 2744 30 82320 West 1910 30 57300 Total 17850 535500 Total revenue from Sales 1812580
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