Question

Palermo Company estimates that unit sales will be 10,600 in quarter 1; 12,900 in quarter 2; 14,600 in quarter 3; and 19,000 in quarter 4. Using a sales price of $82 per unit. Prepare the sales budget by quarters for the year ending December 31, 2014. PALERMO COMPANY Sales Budget For the Year Ending December 31, 2014 Quarter 1 2 3 4 Year Expected unit sales Unit selling price $ $ $ $ $ Total sales $ $ $ $ $

Answer 1

Sales Budget For the Year Ending on December 31,2014

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Expected Unit Sales 10,600 12,900 14,600 19,000

Unit Selling Price $82 $82 $82 $82

Total Sales $869,200 $1,057,800 $1,197,200 $1,558,000