60. M/s ABC Ltd manufactures two types of toys X and Y and sells them in Agra and Mumbai markets. The following information is made available for the current year: Market Budgeted Sales Actual Sales AGRA: 400 @ 9 each 300 @ 21 each 500 @ 9 each Y 200 @ 21 each MUMBAI: 600 @ 9 each 500 @ 21 each 700 @ 9 each 400 @ 21 each Y Market study reveals that toy X is popular as it is under-priced. It is observed that if its price is increased by Re. 1, it will find a ready market. On the other hand, Y is overpriced and market could absorb more sales if its selling price is reduced to Rs. 20. The management has agreed to give effect to the above price changes: Percentage increase in sales over current budget: Product Agra Mumbai +10% +5% Y +20% +10% With the help of an intensive advertisement campaign, the following additional sales above the estimated sales are possible: Product Agra Mumbai 15 60 units 70 units Y 40 units 50 units You are required to prepare a budget for sales for incorporating the above estimates

60. M/s ABC Ltd manufactures two types of toys X and Y and sells them in Agra and Mumbai markets. The following information is made available for the current year: Market Budgeted Sales Actual Sales AGRA: 400 @ 9 each 300 @ 21 each 500 @ 9 each Y 200 @ 21 each MUMBAI: 600 @ 9 each 500 @ 21 each 700 @ 9 each 400 @ 21 each Y Market study reveals that toy X is popular as it is under-priced. It is observed that if its price is increased by Re. 1, it will find a ready market. On the other hand, Y is overpriced and market could absorb more sales if its selling price is reduced to Rs. 20. The management has agreed to give effect to the above price changes: Percentage increase in sales over current budget: Product Agra Mumbai +10% +5% Y +20% +10% With the help of an intensive advertisement campaign, the following additional sales above the estimated sales are possible: Product Agra Mumbai 15 60 units 70 units Y 40 units 50 units You are required to prepare a budget for sales for incorporating the above estimates

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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