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Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months...

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Accounting

Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows:

January 40,000

February 50,000

March 60,000

Finished goods inventory at the end of 2013 was 10,000 units. On average, 25% of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150 per unit. What would be the sales budget for March of Fantastic Futons?

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