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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

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BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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Preparing a Sales Budget

Tulum Inc. sells powdered Mexican chocolate to restaurants. Its basic unit is a 4-pound box of the spiced chocolate mixture. Tulum expects the following units to be sold in the first 3 months of the coming year:

Chapter 9, Problem 35BEB, Preparing a Sales Budget Tulum Inc. sells powdered Mexican chocolate to restaurants. Its basic unit

The average price for a box is $20.

Required:

Prepare a sales budget for the first 3 months of the coming year, showing units and sales revenue by month and in total for the quarter.

To determine

Prepare sales budget for the three month’s period, in units and in value.

Explanation

Sales Budget:

Sales budgets are the estimated sales in units and in value prepared for the coming period. Sales budgets are operational budgets that affect various other budgets of an organization.

Computation sales budget for the three month’s period, in units and in value:

ParticularsJanuary ($)February ($)

March

($)

T...

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