Brief Exercise 13-2 Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Using a sales price of $70 per unit. Prepare the sales budget by quarters for the year ending December 31, 2017.

Q1 = $700,000

Q2 = $980,000

Q3 = $1,050,000

Q4 = $1,260,000

Explanation:

Giving the following information:

Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Using a sales price of $70 per unit.

We know that budgeted sales are the result of multiplying the estimated sales with the selling price:

Q1 = $70*10,000 = $700,000

Q2 = $70*14,000 = $980,000

Q3 = $70*15,000 = $1,050,000

Q4 = $70*18,000 = $1,260,000