For May and June, total sales are 200,000 and 210,000, respectively. Cost of Goo

Question

For May and June, total sales are 200,000 and 210,000, respectively. Cost of Goods Sold (CGS) 65%. Variable cost (VC) 20%. Monthly fixed costs (FC) 12,000. Depreciation included in FC 4,000. Inventory, ending 40% of next month's CGS. Beginning Inventory 52,000. What is sale budget for May?

$213,500 and $ 215,500

$230,000 and 231,500

$232,500 and $234,500

$234,500 and $246,500

none of the above

$213,500 and $ 215,500

$230,000 and 231,500

$232,500 and $234,500

$234,500 and $246,500

none of the above

Explanation / Answer

answer is option D none of the the above

sales budget for may 200000 and june 210000

because sales budget shows the expected number of sales units of a period and the expected price per unit. It also shows total sales which are simply the product of expected sales units and expected price per unit.Sales amount is clearly stated in the question which 200000 and 210000 for may and june respectively

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