Ram Ltd. provides you the following figures for the year 2017. Sales (in units): Product A Product B Ist Quarter 1,250 1,600 IInd Quarter 2,950 800 IIIrd Quarter 2,700 1,000 IVth Quarter 3,100 600 Selling price per unit Rs. 24 Rs. 50 Targets for 2018: Sales quantity increase (decrease) (20%) 25%
Ram Ltd. provides you the following figures for the year 2017. Sales (in units): Product A Product B Ist Quarter 1,250 1,600 IInd Quarter 2,950 800 IIIrd Quarter 2,700 1,000 IVth Quarter 3,100 600 Selling price per unit Rs. 24 Rs. 50 Targets for 2018: Sales quantity increase (decrease) (20%) 25%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Ram Ltd. provides you the following figures for the year 2017.
Sales (in units): |
Product A |
Product B |
Ist Quarter |
1,250 |
1,600 |
IInd Quarter |
2,950 |
800 |
IIIrd Quarter |
2,700 |
1,000 |
IVth Quarter |
3,100 |
600 |
Selling price per unit |
Rs. 24 |
Rs. 50 |
Targets for 2018: |
|
|
Sales quantity increase (decrease) |
(20%) |
25% |
Selling price increase (decrease) |
25% |
(20%) |
Sales area X, Y and Z respectively produce 10%, 20%, 70% of Product ‘A’ sales and 70%, 20% and 10% of Product ‘B’ sales.
Prepare a sales budget for 2018.
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