Navigator sells GPS trackers for $60 each. It expects sales of 5,200 units In quarter 1 and a 5% Increase each subsequent quarter for th 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 5,200 5,460 5,733 Expected Sales (Units) Sales Price per Unit Total Sales Revenue 60 $ 312,000 60 S 327,600 Quarter 4 6,020 60 60 $ 343,980 361,200 Total 22,413 1,344,780
Navigator sells GPS trackers for $60 each. It expects sales of 5,200 units In quarter 1 and a 5% Increase each subsequent quarter for th 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 5,200 5,460 5,733 Expected Sales (Units) Sales Price per Unit Total Sales Revenue 60 $ 312,000 60 S 327,600 Quarter 4 6,020 60 60 $ 343,980 361,200 Total 22,413 1,344,780
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Navigator sells GPS trackers for $60 each. It expects sales of 5,200 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
5,200
5,460
5,733
Expected Sales (Units)
Sales Price per Unit
Total Sales Revenue
60 $
312,000
60 $
327,600
Quarter 4
6,020
60
60 $
343,980
361,200
Total
22,413
1,344,780](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6ff785b3-f9f0-49be-94c9-8d3cc43ffe9d%2F033e7789-bfb0-4eb9-9e36-f37e4a774928%2Fwfmrhie_processed.png&w=3840&q=75)
Transcribed Image Text:Navigator sells GPS trackers for $60 each. It expects sales of 5,200 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
5,200
5,460
5,733
Expected Sales (Units)
Sales Price per Unit
Total Sales Revenue
60 $
312,000
60 $
327,600
Quarter 4
6,020
60
60 $
343,980
361,200
Total
22,413
1,344,780
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