Alger inc, manufactures six models of leaf biowers and weed eaters. Algers budgeting team is...

90.2K

Verified Solution

Question

Accounting

image
image
Alger inc, manufactures six models of leaf biowers and weed eaters. Algers budgeting team is finalizing the sales budget for the coming vear: Sales in units and dollars for last year follow: In looking over the previous year's sales figures, Alger's sales budgeting team recalied the foliowing: a. Model LB-1 is a newer version of the leaf blower with a gasotine engine. The LB-1 is mounted on wheels instead of being carried. This model is designed for the commercial market and did better than expected in its first year. As a result, the number of units of Model LB-1 to be sold was forecast at 325% of the previous year's units. b. Models WE-8 and WE-9 were introduced on July 1 of last year, They are lighter versions of the traditional weed eater and are designed for smailer households or conde units, Alger estimates that derrand for both models will continue at the previous year's rate. c. A competitor has announced plans to introduce an improved version of model WE-6, Ager's traditional weed eater. Alger believes that the model We.6 price must be cut 45% to maintain unit sales at the previous year's level. d. It was assumed that unit sales of all other models would increase by 6%, prices remaining constant. Prepare a sales budget by product and in total for Alger Inc, for the coming year. Do not include a multiplication.symbol as part of your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students