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Home > Business & Careers > Accounting   »   forecasting budget

 
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Old Nov 29, 2006, 03:19 AM
bvillagomez
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forecasting budget

1. Company 1- purchased a product for $30.00, resold it for $55 per unit. Expected
inventory level of 2500 units on Dec. 31, 2005, is more than management’s
desired level for 2006, which is 20% of the next month’s expected sales (in
units). Expected sales are: Jan. 3500 units; Feb. 4500 units; Mar. 5500 units;
and April 5000 units.

I need to prepare a master budget for each of the first three months of 2006 for Monthly sales budgets showing the unit sales and dollar sales?

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