help me provide the sales budget for the 4th quarter of 2014 ( 2nd photo attached) FORMAT NEEDED AND used for the sales budget of 2014 ( refer to first attached photo) Forecasted sales (in units)Selling Price per unitTotal SalesABC MERCHANDISINGSales BudgetFor the year ended December 31, 20152nd quarter3rd quarter48400441st quarter40000441,760,00044000441,936,0002,129,6004th quarter53,240442,342,560Total185,640448,168,160.In the table above ABC's sales budget for 2015 is strongly anchored on the projected unit sales for each quarter. Observe that for each quarter, unitsales is expected to increase by 10% on the basis of the preceding quarter's unit sales. Projected unit sales are multiplied to the selling price per unitin order to get projected sales per quarter Problem Solving:In a Worksheet, Answer the Following:Your grouping as per the Entrepreneurship need to be utilized to clear outall the problems stated here.Only 1 member will submit the Performance Task in Paper, however,any feedback on any member not performing their part, will have to be submitted too.1 Martin is retailer, engaged in selling sumptuous deserts. Martin sells four products as of the moment,Toasted Pastillas, yema Balls, Red Velvet Crinkles and Sylvanas. Martin wants to prepare a salesbudget for the fourth quarter of 2014 in order to properly anticipate his inflows of revenueSales Forecast in per pack of each product is as follows:OctoberNovemberDecemberToasted Pastillas150002400042000Yema Balls Red Velvet Crinkles120001400018000Martin sells the products under the following prices:Toasted Pastillas - P120/packYema Balls-P 100/pack180001850020000SylvanasRed Velvet Crinkles - P180/packSylvanas-P 200/packPrepare Martin's Sales Budget for the fourth quarter of 2014650050007000

Sales Budget The sales budget is a strategic technique that enables companies to control assets and…

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help me provide the sales budget for the 4th quarter of 2014 ( 2nd photo attached) FORMAT NEEDED AND used for the sales budget of 2014 ( refer to first attached photo)

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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Concept explainers

Budgeted Income Statement

Accounting is the process of recording business-related financial transactions. The process of accounting involves summarizing and analyzing the transactions. The financial statements which are prepared in accounting contain a summary of the various transactions that took place within a certain accounting period. Book-keeping or accounting is one of the most important activities of any business.

Question

help me provide the sales budget for the 4th quarter of 2014 ( 2nd photo attached)

FORMAT NEEDED AND used for the sales budget of 2014 ( refer to first attached photo)

Forecasted sales (in units)
Selling Price per unit
Total Sales
ABC MERCHANDISING
Sales Budget
For the year ended December 31, 2015
2nd quarter
3rd quarter
48400
44
1st quarter
40000
44
1,760,000
44000
44
1,936,000
2,129,600
4th quarter
53,240
44
2,342,560
Total
185,640
44
8,168,160.
In the table above ABC's sales budget for 2015 is strongly anchored on the projected unit sales for each quarter. Observe that for each quarter, unit
sales is expected to increase by 10% on the basis of the preceding quarter's unit sales. Projected unit sales are multiplied to the selling price per unit
in order to get projected sales per quarter

Problem Solving:
In a Worksheet, Answer the Following:
Your grouping as per the Entrepreneurship need to be utilized to clear out
all the problems stated here.
Only 1 member will submit the Performance Task in Paper, however,
any feedback on any member not performing their part, will have to be submitted too.
1 Martin is retailer, engaged in selling sumptuous deserts. Martin sells four products as of the moment,
Toasted Pastillas, yema Balls, Red Velvet Crinkles and Sylvanas. Martin wants to prepare a sales
budget for the fourth quarter of 2014 in order to properly anticipate his inflows of revenue
Sales Forecast in per pack of each product is as follows:
October
November
December
Toasted Pastillas
15000
24000
42000
Yema Balls Red Velvet Crinkles
12000
14000
18000
Martin sells the products under the following prices:
Toasted Pastillas - P120/pack
Yema Balls-P 100/pack
18000
18500
20000
Sylvanas
Red Velvet Crinkles - P180/pack
Sylvanas-P 200/pack
Prepare Martin's Sales Budget for the fourth quarter of 2014
6500
5000
7000

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