Question

Yogi Company manufactures luggage sets. Yogi sells its luggage sets to department stores. Yogi expects to sell 1,650 luggage sets for $320 each in January and 2,050 luggage sets for $320 each in February. All sales are cash only. Prepare the sales budget for January and February.

Answer 1

Answer:

Total sales budget  =    $1,184,000.00

Explanation:

Sales budgeted  is prepared by multiplying the selling price per unit by the number of units expected  to be sold in each month.

                                   Sales budget for Yogi Company

                                                            $

January budget = 1,650 ×  320 =   528,000.00

February    =          2,050×  320 =  656,000.00

Total sales budget (in ) =                  1,184,000.00