I. Let's Connect / Let's Analyze Instruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start up business. Complete the form and compute the yearly projected sales using the ff. information. Jasmine loves to bake and make delicacies so she decided to start her own business called Jasmine's Sweet Desserts. She's projecting her sales to increase by 9% annually. Assume that the Sales retum is 2% of her total gross sales each year, sales discount is 3% of the total gross sales each year. Actual Sales Year 2018 (Mango Float and Chocolate Cake) Total Monthly Gross Sales Total Annual Gross Sales Product Sizes Selling Price Quantity 1. Mango Float Small 20 tubs P 30.00/tubs Medium P 50.00/tubs 20 tubs Large P 100.00/tubs 20 tubs 2. Chocolate Cake Small 20 tubs 30.00/tubs Medium P 50.00/tubs 20 tubs Large P 100.00/tubs 20 tubs

Principles of Accounting Volume 2
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ISBN:9781947172609
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Chapter3: Cost-volume-profit Analysis
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You are good friend jasmine hard you to help her make a sales forecast for her to start up business complete form and compute the yearly projected cells using the following information.
Jasmine's Sweet Desserts Sales Forecast:
Actual
Projected
2018
2019
2020
2021
SALES
Sales-
Mango
Float
Sales- Chocolate
Cake
Gross Sales
Sales
Allowances
Ret.
&
Sales Discounts
Net Sales
Discuss Questions:
1. How can sales forecasting help your friend Jasmine improve her cash-in-flow?
2. By looking at the forecasted sales suggest marketing or sales strategies to increase the
projected growth rate?
Transcribed Image Text:Jasmine's Sweet Desserts Sales Forecast: Actual Projected 2018 2019 2020 2021 SALES Sales- Mango Float Sales- Chocolate Cake Gross Sales Sales Allowances Ret. & Sales Discounts Net Sales Discuss Questions: 1. How can sales forecasting help your friend Jasmine improve her cash-in-flow? 2. By looking at the forecasted sales suggest marketing or sales strategies to increase the projected growth rate?
Let's Connect/ Let's Analyze
Instruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start up
business. Complete the form and compute the yearly projected sales using the ff. information.
Jasmine loves to bake and make delicacies so she decided to start her own business called
Jasmine's Sweet Desserts. She's projecting her sales to increase by 9% annually. Assume that the Sales
retun is 2% of her total gross sales each year, sales discount is 3% of the total gross sales each year.
Actual Sales Year 2018
(Mango Float and Chocolate Cake)
Total
Monthly
Gross Sales
Total Annual
Gross Sales
Product
Sizes
Selling Price
Quantity
1. Mango
Float
Small
20 tubs
P 30.00/tubs
Medium
P 50.00/tubs
20 tubs
Large
P 100.00/tubs 20 tubs
2. Chocolate
Cake
Small
20 tubs
30.00/tubs
Medium
P 50.00/tubs 20 tubs
Large
P 100.00/tubs 20 tubs
Transcribed Image Text:Let's Connect/ Let's Analyze Instruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start up business. Complete the form and compute the yearly projected sales using the ff. information. Jasmine loves to bake and make delicacies so she decided to start her own business called Jasmine's Sweet Desserts. She's projecting her sales to increase by 9% annually. Assume that the Sales retun is 2% of her total gross sales each year, sales discount is 3% of the total gross sales each year. Actual Sales Year 2018 (Mango Float and Chocolate Cake) Total Monthly Gross Sales Total Annual Gross Sales Product Sizes Selling Price Quantity 1. Mango Float Small 20 tubs P 30.00/tubs Medium P 50.00/tubs 20 tubs Large P 100.00/tubs 20 tubs 2. Chocolate Cake Small 20 tubs 30.00/tubs Medium P 50.00/tubs 20 tubs Large P 100.00/tubs 20 tubs
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