A company expects the following sales for the coming year:
Budgeted sales revenue for the year is:

Question

A company expects the following sales for the coming year:  
 Budgeted sales revenue for the year is:

Quizplus · Accepted Answer

Budgeted sales revenue = [(Expected sales in units for 1^st quarter + Expected sales in units for 2^nd quarter + Expected sales in units for 3^rd quarter) × Average selling price] + (Expected sales in units for 4^th quarter × Average selling price) Budgeted sales revenue = [(50,000 units + 40,000 units + 70,000 units) × $6] + (90,000 units × $8) = $1,680,000

A Company Expects the Following Sales for the Coming Year