The preparation of the sales budget for the three months for Scora Incorporated is as follows:
Scora Incorporated
For the next three months
January February March
Budgeted sales units 1,000 2,200 1,500
Selling price per unit $50 $50 $50
Sales revenue $50,000 $110,000 $75,000
A sales budget is an estimate of a company's total revenue in a specific period.
To prepare the sales budget, one must estimate the:
A sales budget helps management to predict and analyze the company's sales performance.
January February March
Budgeted sales units 1,000 2,200 1,500
Selling price per unit $50 $50 $50
Sales revenue $50,000 $110,000 $75,000 ($50 x 1,500)
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