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Greenland, Inc

Question 164

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Greenland, Inc.is a manufacturing company specializing in eco-friendly products.The company has recently developed a new water filter.Because the product is new to the market, Greenland does not have a prior history of sales to help develop its budget for the coming quarter.Greenland has agreements from several retail outlets to promote and stock the filters.Based on customers' request and Greenland's sales staff, managers have estimated January sales to be 200 units and estimate that sales will double each month for the next six months.Units are priced at $120 each.
Required:
Prepare a sales budget for the first quarter.

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