Questions in accounting that cover material costs and business scenarios. sample question:
Careful Company has the following sales projection (in units) for the next six months:
Feb: 9000
Mar: 10000
Apr: 8000
May: 11500
Jun: 9500
Jul: 7000
Each unit sells for $28 through April and $33 starting in May.
Prepare a sales budget on paper or in Excel for the quarter of April, May and June.
What is budgeted sales revenue for June?
What is budgeted sales revenue for the quarter?