In: Accounting
Sales Budget
Alger Inc. manufactures six models of leaf blowers and weed eaters. Alger's budgeting team is finalizing the sales budget for the coming year. Sales in units and dollars for last year follow:
Product | Number Sold | Price ($) | Revenue | |
LB-1 | 14,700 | 32 | $ 470,400 | |
LB-2 | 18,000 | 20 | 360,000 | |
WE-6 | 25,200 | 15 | 378,000 | |
WE-7 | 16,200 | 10 | 162,000 | |
WE-8 | 6,900 | 18 | 124,200 | |
WE-9 | 4,000 | 22 | 88,000 | |
Total | $1,582,600 |
In looking over the previous year's sales figures, Alger's sales budgeting team recalled the following:
Required:
Prepare a sales budget by product and in total for Alger Inc. for the coming year. Do not include a multiplication symbol as part of your answer.