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Kroger Corporation had the following budget information related to the unit sale

ID: 2600129 • Letter: K

Question

Kroger Corporation had the following budget information related to the unit sales:

    

              2016              Units

                          

              July             25,000

              August           53,000

              September        21,000

              October         34,000

    

     Of the units budgeted, the Electronics Division sells 55% at a price of $30

    per unit and the remainder are sold by the Toy Division at a price

     of $20 per unit.

    

     INSTRUCTIONS

     Prepare separate sales budgets for each division and for the company

     in total for the third quarter of 2016.

Kroger Corporation Sales Budget For the Quarter Ending September 30, 2016 Electronics Toys Total

Explanation / Answer

Total units sold in 3rd quarter = 25,000 + 53,000 + 21,000 = 99,000 units

Kroger Corporation Sales Budget For the Quarter Ending September 30, 2016 Particulars Electronics Toys Total Sales 99,000 x 55% x $30
99,000 x 45% x $20 $1,633,500 $891,000 $25,24,500