Terrill Company makes and sells two types of shaving cream: foamy, and gel. Last year, Foamy sold for $2.30 per can, and Gel sold for $3.15 per can. Sales volume was as follows:
Terrill expects sales for Foamy to increase by 5% over the same quarter last year. The Gel price will increase to $3.50, but aggressive advertising is expected to raise volume by 5% in quarters 1 and 4 and by 10% in quarters 2 and 3.
Prepare a sales budget for the coming year.

Question

Terrill Company makes and sells two types of shaving cream: foamy, and gel. Last year, Foamy sold for $2.30 per can, and Gel sold for $3.15 per can. Sales volume was as follows:
  Terrill expects sales for Foamy to increase by 5% over the same quarter last year. The Gel price will increase to $3.50, but aggressive advertising is expected to raise volume by 5% in quarters 1 and 4 and by 10% in quarters 2 and 3.
Prepare a sales budget for the coming year.

Quizplus · Accepted Answer

The Answer of Terrill Company makes and sells two types of shaving cream: foamy, and gel. Last year, Foamy sold for $2.30 per can, and Gel sold for $3.15 per can. Sales volume was as follows:
  Terrill expects sales for Foamy to increase by 5% over the same quarter last year. The Gel price will increase to $3.50, but aggressive advertising is expected to raise volume by 5% in quarters 1 and 4 and by 10% in quarters 2 and 3.
Prepare a sales budget for the coming year.

Terrill Company Makes and Sells Two Types of Shaving Cream