Mango Place has forecast its sales for the coming months as follows: April May June July Standard Unita 108 116 138 153 April May June Quarter Deluxe) Units 84 78 83. The standard unit sells for $200, the deluxe unit sells for $370. Required: Prepare a sales budget for each of the three months April through June as well as the total for the quarter. Present the budget for each product as well as total sales. S 104 Standard Deluxe 0$ S 0 $ Total 0 0 0 0
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Vai
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
