Locksafe Company manufactures burglar-resistant commercial door locks. Recently, the company began selling locks on the Web, and the company expects sales to increase dramatically compared to the prior year. For the past year, unit sales were as follows:
|
First Quarter
|
23,000
|
|
Second Quarter
|
28,000
|
|
Third Quarter
|
27,000
|
|
Fourth Quarter
|
32,000
|
Assume that sales for each quarter in the next year will be 25 percent higher than they were in the previous year and the selling price per lock is $15.
Based on this information prepare a sales budget by quarter for the next year.