Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. emjb company sells three products with the followi

EMJB Company sells three products with the following seasonal sales pattern: Products: ...

50.1K

Verified Solution

Question

Accounting

EMJB Company sells three products with the following seasonal sales pattern:

Products:

Quarter

A

B

C

1

40%

30%

10%

2

30%

20%

40%

3

20%

20%

40%

4

10%

30%

10%

Total

100%

100%

100%

The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows:

Product

Units

Selling Price

A

200,000

$10

B

160,000

40

C

400,000

16

Required: Prepare a sales budget in units and dollars by quarters for the company for the coming year.

Please use the following format:

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

Year Total

Product A:

Sales (units)

Price x $10

Sales ($)

Product B:

Sales (units)

Price x $40

Sales ($)

Product C:

Sales (units)

Price x $16

Sales ($)

Total dollars

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

Basic Math
1.2K views

NAME DATE 13 f x 2x 2 3x 5 A whole numbers IV B integers...

Basic Math
1.2K views

The event of you going to work is A and the event of you taking...

Basic Math
1.2K views

Which one of the two equations has the same vertical or y-intercept as y= 5/4...

Algebra
1.2K views

a Use a graphing utility to graph f x 0 4x 0 6x 3x 4...

Accounting
1.2K views

Percent of Sales Method At the end of the current year, Accounts Receivable has a...

Accounting
1.2K views

please help ecnona rch ight mtie yea avie Al...

Accounting
1.2K views

The following information is available for a recent period: a. The denominator activity of 8,500...

Accounting
1.2K views

ASSIGNMENT - 2023 1) On 1 May 2020 Michael owed N$200 insurance, He made total...

Accounting
1.2K views

18. Gathering evidence as part of an audit involves a mix of techniques that are...

Accounting
1.2K views

please solve part b as soon as possible after that part c if possible ...

Finance
1.2K views

Without referring to the preprogrammed function on your financial calculator, use the basic formula for...

Finance
1.2K views

The next dividend payment by Savitz, Inc., will be $4.95 per share. The dividends are...