The Carmel Company is preparing a master budget for 2018. Relevant data pertaini

Question

The Carmel Company is preparing a master budget for 2018. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 2,000,000 units. Quarterly sales are expected to be 25% for Quarter 1:30% for Quarter 2:15% for Quarter 3; and 30% for Quarter 4. The sales price per unit is expected to be $1.20 per unit for the first quarter and then be increased to $1.40 at the beginning of the second quarter and remain this amount per unit for the rest of the year. Instructions Prepare a sales budget for 2018 for Carmel Company by Quarter and total for the Year 0:03 PM 15/2018

Explanation / Answer

Sales budget :

1st quater 2nd quarter 3rd quarter 4th quarter Year Sales unit 500000 600000 300000 600000 2000000 Sale price 1.20 1.40 1.40 1.40 Total sales 600000 840000 420000 840000 2700000

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