Fill in the Blank The management of XYZ Company is asking its budget officer to prepare the company's master budget for 2021 . Relevant data pertaining to its sales budget are as follows: The total sales that the company is expecting is 4, 000
Fill in the Blank The management of XYZ Company is asking its budget officer to prepare the company's master budget for 2021 . Relevant data pertaining to its sales budget are as follows: The total sales that the company is expecting is 4, 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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36

Transcribed Image Text:46 4 13:06
01:23:49 Remaining
Fill in the Blank
The management of XYZ
Company is asking its budget
officer to prepare the company's
master budget for 2021 .
Relevant data pertaining to its
sales budget are as follows:
The total sales that the
company is expecting is 4 , 000
, 000 units . Quarterly sales are
25% , 30% , 15% , and 30% ,
respectively . Selling price for
each unit is set to be P1 . 50 for
the first quarter and eventually
it will be increased to P1.75
per unit in the second quarter
until the 4th quarter of the year
. How much will be the total
sales for the year ? P
NOTE:
*If your answer is in monetary
value , OMIT the peso sign (ex:
if the answer is One hundred
pesos just type 100)
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