Oakes Company is preparing its master budget for 2011. Relevant data pertaining to its sales...
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Oakes Company is preparing its master budget for 2011. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 4,000,000 units. Quarterly sales are 25%, 30%, 15% and 30% respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit for the remainder of the year. How much are the total budget sales for 2011? (e.g. $1,000,000)
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