Wildhorse Enterprises is a portable hot tub manufacturer. The company produces both 2-person and 4-person hot tubs. ChrisAnderson, the company's sales manager, prepared the following sales forecast for 2021. The forecasted sales prices include a 5percent increase in the 2-person spa price and a 10 percent increase in the 4-person spa price, to cover anticipated increases in rawmaterials prices.2-person spa4-person spa(a)on spas:Your answer is partially correct.geted sales pricePrepare Wildhorse's sales budget for 2021.geted sales price ✓il revenueon spas:Sales Pricegeted sales pricegeted sales pricegeted sales price vfrevenueV$1,400$2,700V1st Quarter650350LA1A1st Quarter2nd Quarter9100004900001400000DE650Units2503rd Quarter5502502nd Quarter4th Quarter9100003500001260000750350SA3rd Quarter10500004900001540000SASASASAFA1

Sales Budget: It implies to a financial estimation or projection of the number of products or units…

Wildhorse Enterprises is a portable hot tub manufacturer. The company Anderson, the company's sales manager, prepared the following sales forecast for 2021. The forecasted sales prices include a 5 percent increase in the 2-person spa price and a 10 percent increase in the 4-person spa price, to cover anticipated increases in raw materials prices. 2-person spa 4-person spa (a) on spas: geted sales price Your answer is partially correct. Prepare Wildhorse's sales budget for 2021. geted sales price ✓ drevenue on spas: Sales Price geted sales orice geted sales price v geted sales price $1,400 $2,700 1revenue 1st Quarter 650 S 350 10 1st Quarter 2nd Quarter 3rd Quarter 550 250 910000 490000 1400000 650 Units 250 2nd Quarter 4th Quarter 910000 350000 1260000 1000 750 350 S SA 10 3rd Quarter 1050000 490000 1540000 000 S 10 S 1

Wildhorse Enterprises is a portable hot tub manufacturer. The company Anderson, the company's sales manager, prepared the following sales forecast for 2021. The forecasted sales prices include a 5 percent increase in the 2-person spa price and a 10 percent increase in the 4-person spa price, to cover anticipated increases in raw materials prices. 2-person spa 4-person spa (a) on spas: geted sales price Your answer is partially correct. Prepare Wildhorse's sales budget for 2021. geted sales price ✓ drevenue on spas: Sales Price geted sales orice geted sales price v geted sales price $1,400 $2,700 1revenue 1st Quarter 650 S 350 10 1st Quarter 2nd Quarter 3rd Quarter 550 250 910000 490000 1400000 650 Units 250 2nd Quarter 4th Quarter 910000 350000 1260000 1000 750 350 S SA 10 3rd Quarter 1050000 490000 1540000 000 S 10 S 1

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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