6. M Ltd. sells two products A and B which are produced in its special product division. Sales for the year 2016 were planned as follow : 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter units units units units Product A 10,000 12,000 13,000 15,000 Product B 5,000 4,500 4,000 3,800 The selling prices were Rs. 20 per unit and Rs. 50 per unit respectively for A and B. Average sales returns are 5 % of sales and the discounts and bad debts amount to 4% of the total sales. Prepare sales budget for the year 2016.
6. M Ltd. sells two products A and B which are produced in its special product division. Sales for the year 2016 were planned as follow : 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter units units units units Product A 10,000 12,000 13,000 15,000 Product B 5,000 4,500 4,000 3,800 The selling prices were Rs. 20 per unit and Rs. 50 per unit respectively for A and B. Average sales returns are 5 % of sales and the discounts and bad debts amount to 4% of the total sales. Prepare sales budget for the year 2016.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:M Ltd. sells two products A and B which are
produced in its special product division. Sales for
the
6.
year 2016 were planned as follow :
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
units
units
units
units
Product A
10,000
12,000
13,000
15,000
Product B
5,000
4,500
4,000
3,800
The selling prices were Rs. 20 per unit and Rs. 50
per unit respectively for A and B. Average sales
returns are 5 % of sales and the discounts and bad
debts amount to 4% of the total sales.
Prepare sales budget for the year 2016.
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