Budgeting
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Estimated inventory (units) March 1 1,650
Desired Inventory (units) March 31 1,500
Expected sales Volume (units):
East coast 4,000
midwest 2,800
West coast 500
Unit sales price $50.00
Calculate:
_______Total expected # of units to be sold during March (Sales budget)
_______Total budgeted sales in dollars for the month of March (Sales Budget)
_______Total budgeted production units for the month of March (production budget).
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Solution Summary
The solution explains how to determine the expected # of units to be sold, total budgeted sales in dollars and the total budgeted production units.
Solution Preview
1. Total number of units to be sold = 4,000+2,800+500 = ...
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