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13 November, 23:21

Paige Company estimates that unit sales will be 10,600 in quarter 1, 12,600 in quarter 2, 14,500 in quarter 3, and 18,500 in quarter 4. Using a sales price of $81 per unit. Prepare the sales budget by quarters for the year ending December 31, 2020.

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  1. 14 November, 02:25
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    Answer and Explanation:

    The preparation of the sales budget for the year ending Dec 31,2020 is presented below:

    Paige company

    Sales budget

    For the year ending December 31, 2020

    Quarters

    Particulars 1 2 3 4 Year

    Unit sales 10,600 12,600 14,500 18,500 56,200

    units units units units units

    Sales price $81 $81 $81 $81 $81

    Estimated

    Sales value $858,600 $1,020,600 $1,174,500 $1,498,500 $4,552,200

    We simply multiplied the units sales with the sales price so that the estimated sales value could come
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