The Tin Bucket Company makes tin buckets in a standard two gallon size. At the beginning of this year, the company changed its advertising campaign and expects its sales to increase dramatically. For 2011, the company's sales were as follows:
Sales for each quarter of 2012 are projected to be 25% higher than they were in each quarter of 2011. The selling price per bucket is $15. Prepare a sales budget.© BrainMass Inc. brainmass.com June 4, 2020, 4:49 am ad1c9bdddf
20,000 units + 25% = 25,000 units * $15 per unit = $375,000
This solution provides calculations for preparing a sales budget using % increase in sales.