Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $21 each. January February March April May June 25,000 28,000 32,000 34,000 26,000 35,000 Prepare Bates & Hill's sales budget for the first quarter of the coming year. January February March Quarter Budgeted units sold Budgeted sales $ $ $ price Budgeted $ $ $ $ revenue

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's
vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to
sell the bricks for $21 each.
January February March
April
May
June
25,000
28,000
32,000 34,000 26,000
35,000
February
Prepare Bates & Hill's sales budget for the first quarter of the coming year.
+A
January
Budgeted
units sold
Budgeted
sales
price
Budgeted
revenue
SA
A
$
SA
March
Quarter
A
EA
+A
Transcribed Image Text:Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $21 each. January February March April May June 25,000 28,000 32,000 34,000 26,000 35,000 February Prepare Bates & Hill's sales budget for the first quarter of the coming year. +A January Budgeted units sold Budgeted sales price Budgeted revenue SA A $ SA March Quarter A EA +A
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