Compute the budgeted revenue


Problem 1: In 2020, Cards by Shannon generated the sales shown. The company expects for sales to increase by 2% for each product in the following year if the prices remain the same. Compute the budgeted revenue for 2021.

Cards by Shannon

Sales Budget

For the Year Ended December 31, 2020

                        Sales (2020)                        Sales (2021)

                        Selling Price per Unit            Budgeted Revenue

Product A                 2,000                              $10

Product B                  5,000                          12

Product C                  1,500                            8

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Managerial Accounting: Compute the budgeted revenue
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