Navigator sells GPS trackers for $41 each. It expects sales of 6,000 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. Round final answers to nearest whole dollar. Navigator Sales Budget For the Year Ending Dec. 31, 20XX Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Expected Sales (Units) Sales Price per Unit $ 2$ Total Sales Revenue %2$ $

Navigator sells GPS trackers for $41 each. It expects sales of 6,000 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. Round final answers to nearest whole dollar. Navigator Sales Budget For the Year Ending Dec. 31, 20XX Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Expected Sales (Units) Sales Price per Unit $ 2$ Total Sales Revenue %2$ $

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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Print Item Navigator sells GPS trackers for $60 each. It expects sales of 5,700 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. Round final answers to nearest whole dollar. Navigator Sales Budget For the Year Ending Dec. 31, 20XX Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Expected Sales (Units) Sales Price per Unit Total Sales Revenue Feedback Check My Work Increase the expected sales amount each quarter by 5%. Previous
Prepare a sales budget for 2 quarters Exercise 1 Trusler Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The sell for calculators $14.00 and $26.00 Trespectively. Because of the intense competition Trusler faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Unit Sales Quarter 2 26,000 Product Quarter 1 ХО-103 21,000 ХО-104 13,000 16,000 No changes in selling prices are anticipated. Instructions: Prepare a sales budget for the 2 quarters ending June 30, 2022 using the below budget table. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. TRUSLER ELECTRONICS INC. Sales Budget For the Six Months Ending June 30, 2020 Quarter 1 Quarter 2 Six Months Product Selling Units Selling Price Total Sales Units Selling Price Total Sales Units Total Sales Price ХО-103 ХО-104 Totals
Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. NOTE: Enter amounts rounded to the nearest whole dollar. Quarter 1 Quarter 2 Quarter 3 Expects Sales in Units Sales Price per Unit Expects Sales in Dollars S $50 SA $50 $ 69 $50 Quarter 4 $50 $ 60 TOTAL $50
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Mango Place has forecast its sales for the coming months as follows: Standard Units 102 April May June July 121 139 162 The standard model sells for $214. Required: Prepare a sales budget for the quarter ending June 30. Budgeted unit sales Budgeted sales price Budgeted sales revenue Mango Place Sales Budget (Standard Model) For the Quarter Ending June 30 April May June Total
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2. Expected quarterly unit sales for tents at Sandy's Camping Gear are 7,500, 8,800, 3,200, and 2,900 for the next 2 years. At the start of the current year, inventory of finished tents on hand is 750 tents. Sandy's has a desired ending inventory of 20 percent of next quarter's sales. Create the production budget in numbers of tents for quarters one through four for the current year. Ask SANDY'S CAMPING GEAR Budgeted Production Q1 Q2 Q3 Q4 Add: Desired ending inventory Production budget in number of tents Mc Graw Hill
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