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29 March, 00:46

Yeaman Company manufactures luggage sets. Yeaman sells its luggage sets to department stores. Yeaman expects to sell 1 comma 850 luggage sets for $ 345 each in January and 2 comma 250 luggage sets for $ 345 each in February. All sales are cash only. Prepare the sales budget for January and February.

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  1. 29 March, 02:05
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    Answer and Explanation:

    The preparation of the sales budget for the month of Jan and Feb is presented below:

    Particulars January February

    Budgeted luggage sets to be sold 1,850 2,250

    Sales price per unit $345 $345

    Total sales $638,250 $776,250

    By multiply the luggage sets with the sales price per unit we can get the total sales and the same is shown above
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