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17 June, 17:46

Sales budget LO P1 Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgeted sales for the next three months follow. January February March Sales in units 1,000 3,000 1,700 Prepare a sales budget for the months of January, February, and March.

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  1. 17 June, 17:51
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    Total Budgeted unit sales$5,700

    Total budgeted unit price $50

    Budgeted total sales $285,000

    Explanation:

    Sales budget for the months of January, February, and March.

    Budgeted unit sales * Budgeted unit price = Budgeted total sales

    January $1,000 * 50=$50,000

    February $3,000*50=$150,000

    March $1,700*50=$85,000

    Total Budgeted unit sales=$1,000+$3,000+$1,700=$5,700

    Total Budgeted unit price $50

    Budgeted total sales=$50,000+$150,000+$85,000

    =$285,000
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