Cheatem Trading Company's master budget reflects budgeted sales information for the month of March, 2020,...
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Cheatem Trading Company's master budget reflects budgeted sales information for the month of March, 2020, as follows: Baking potatoes Boiling potatoes Budgeted Quantity 35,000 kilograms 20,000 kilograms Budgeted Unit Sales Price $0.75 per kilogram $0.30 per kilogram During March, the company actually sold 37,000 kilograms of baking potatoes at an average price of $0.73 per kilogram and 17,000 kilograms of boiling potatoes at an average price of $0.32 per kilogram. Instructions Prepare a Sales Budget Report for the month of March for Cheatem Trading Company which shows whether the company achieved its planned objectives
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