Based onthe following production and sales data of Concrete Co. for Marchof the
ID: 2433829 • Letter: B
Question
Based onthe following production and sales data of Concrete Co. for Marchof the current year, prepare (a) a sales budget and (b) aproduction budget.
Product T
Product X
Estimated inventory, March 1
28,000 units
20,000 units
Desired inventory, March 31
32,000 units
15,000 units
Expected sales volume:
Area I
320,000 units
260,000 units
Area II
190,000 units
130,000 units
Unit sales price
$6
$14
Product T
Product X
Estimated inventory, March 1
28,000 units
20,000 units
Desired inventory, March 31
32,000 units
15,000 units
Expected sales volume:
Area I
320,000 units
260,000 units
Area II
190,000 units
130,000 units
Unit sales price
$6
$14
Explanation / Answer
Product T
Product X
320,000 units
260,000 units
190,000 units
130,000 units
510,000 units
390,000 units
$6
$14
$3,060,000
$5,460,000
Product T
Product X
Expected Sales Volume
510,000 units
390,000 units
Desired inventory, March 31
32,000 units
15,000 units
542,000 units
405,000 units
Estimated inventory, March 1
28,000 units
20,000 units
514,000 units
385,000 units
Product T
Product X
Expected Sales Volume Area I320,000 units
260,000 units
Area II190,000 units
130,000 units
Total Sales510,000 units
390,000 units
Unit Sales Price$6
$14
Total Expected Sales$3,060,000
$5,460,000
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