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Leaf Industries Is Preparing Its Master Budget for 2016

Question 171

Essay

Leaf Industries is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows:
Sales for the year are expected to total 8000000 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 in the second quarter.
Instructions
Prepare a sales budget for 2016 for Leaf Industries.

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