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Fling Company has budgeted the following unit sales for 4 months in 2006:
April 21,000
May 24,000
June 31,000
July 30,000
Of the units budgeted, 40% are sold in the Western Region at an average price of $75 per unit, and the remainder are sold by the Eastern Region at an average price of $80 per unit.
Instructions
Prepare a sales budget with columns for each region and for the company in total for the month of June.
Show the proper disclosures in the stockholders' equity section of the balance sheet issued at the end of the first quarter, March 31, 2013. Assume net income of $100000 during the first quarter.
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