Yogi Company manufactures luggage sets. Yogi sells its luggage sets to department stores. Yogi expects to sell 1,650 luggage sets for $320 each in January and 2,050 luggage sets for $320 each in February. All sales are cash only. Prepare the sales budget for January and February.

Question

Business

Echo

11 June, 23:09

Yogi Company manufactures luggage sets. Yogi sells its luggage sets to department stores. Yogi expects to sell 1,650 luggage sets for $320 each in January and 2,050 luggage sets for $320 each in February. All sales are cash only. Prepare the sales budget for January and February.

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Butterball · Answer 1

Total sales budget = $1,184,000.00

Explanation:

Sales budgeted is prepared by multiplying the selling price per unit by the number of units expected to be sold in each month.

Sales budget for Yogi Company

$

January budget = 1,650 * 320 = 528,000.00

February = 2,050 * 320 = 656,000.00

Total sales budget (in) = 1,184,000.00