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Question - Preparing a Sales Budget

Patrick Inc. sells industrial solvents in five-gallon drums. Patrick expects the following units to be sold in the first three months of the coming year:

January 41,000

February 38,000

March 50,000

The average price for a drum is $35.

Required: Prepare a sales budget for the first three months of the coming year, showing units and sales revenue by month and in total for the quarter. Do not include a multiplication symbol as part of your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92880477
  • Price:- $25

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