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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Forecast Sales Volume and Sales Budget
Raphael Frame Company prepared the following sales budget for 2016:
| Raphael Frame Company Sales Budget For the Year Ending December 31, 2016 |
|||||||
| Product and Area | Unit Sales Volume |
Unit Selling Price |
Total Sales | ||||
| 8" × 10" Frame: | |||||||
| East | 8,500 | $16 | $136,000 | ||||
| Central | 6,200 | 16 | 99,200 | ||||
| West | 12,600 | 16 | 201,600 | ||||
| Total | 27,300 | $436,800 | |||||
| 12" × 16" Frame: | |||||||
| East | 3,800 | $30 | $114,000 | ||||
| Central | 3,000 | 30 | 90,000 | ||||
| West | 5,400 | 30 | 162,000 | ||||
| Total | 12,200 | $366,000 | |||||
| Total revenue from sales | $802,800 | ||||||
At the end of December 2016, the following unit sales data were reported for the year:
| Unit Sales | ||||
| 8" × 10" Frame |
12" × 16" Frame |
|||
| East | 8,755 | 3,686 | ||
| Central | 6,510 | 3,090 | ||
| West | 12,348 | 5,616 | ||
For the year ending December 31, 2017, unit sales are expected to follow the patterns established during the year ending December 31, 2016. The unit selling price for the 8" × 10" frame is expected to increase to $17 and the unit selling price for the 12" × 16" frame is expected to increase to $32, effective January 1, 2017.
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