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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Cornerstone Exercise 9-21Â Â Â Â Â Â Â Â Â Â Â Preparing a Sales Budget
Patrick Inc. sells industrial solvents in five-gallon drums. Patrick expects the following units to be sold in the first three months of the coming year:
Â
|
January |
41,000 |
|
February |
38,000 |
|
March |
50,000 |
The average price for a drum is $35.
Â
Required:
Prepare a sales budget for the first three months of the coming year, showing units and sales rev- enue by month and in total for the  quarter.
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