Solution-Prepare a sales budget for next year based on the

Prepare a sales budget for next year based on the increases

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Reference no: EM131795608

Problem

Outside Company's quarterly and annual sales for this year follow.

Outside Company Actual Sales Revenue For the Year Ended December 31
Product Class	January- March	April- June	July- September	October- December	Annual Totals	Estimated Percent Increases by Product Class
Backcountry products	$ 44,500	$ 45,500	$ 48,200	$ 47,900	$ 186,100	20%
Marine products	36,900	32,600	34,100	37,200	140,800	5%
Walking products	29,800	29,700	29,100	27,500	116,100	30%
Hiking products	38,800	37,600	36,900	39,700	153,000	10%
Running products	47,700	48,200	49,400	49,900	195,200	25%
Biking products	65,400	65,900	66,600	67,300	265,200	20%
Totals	$263,100	$259,500	$ 264,300	$269,500	$1,056,400

Prepare a sales budget for next year based on the estimated percentage increases shown by product class. Show both quarterly and annual totals for each product class.

Reference no: EM131795608

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Prepare a sales budget for next year based on the increases

Reference no: EM131795608

Reference no: EM131795608

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