Question - Jamie Company's master budget reflects budgeted sales information for the month of June, 2017, as follows:
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|
Budgeted Quantity
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Budgeted Unit Sales Price
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|
Product A
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20,000
|
$7
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|
Product B
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24,000
|
$9
|
During June, the company actually sold 19,500 units of product A at an average unit price of $7.10 and 24,800 units of product B at an average unit price of $8.90.
Instructions - Prepare a Sales Budget Report for the month of June for Jamie Company which shows whether the company achieved its planned objectives.