Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 4.00

Locksafe company

Locksafe company manufactures burglar-resistant commercial door locks. Recently, the company began selling locks on the web, and the company expects sales to increase dramatically compared with the prior year. For the past year, 2011, unit sales were as follows: First quarter 23,000 units Second quarter 28,000 units Third quarter 27,000 units Fourth quarter 32,000 units REQUIRED: Assume that sales for each quarter in 2012 will be 25% higher than they were in 2011 and the selling price per lock is $15 Prepare a sales budget by quarter for 2012. Locksafe Company sales budget for the year ending December 31, 2012 Quarter1 Quarter2 Quarter3 Quarter4 Year Sales for 2011 in units _______ ______ ______ ______ ___ Projected sales at 125% of prior year _______ _______ ______ ______ ___ Sales price per unit _______ _______ ______ ______ ___ Budgeted revenue for 2012 _______ _______ ______ ______ ___

Answers

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Status NEW Posted 11 Aug 2017 01:08 PM My Price 4.00

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