Solution-Calculate budget cost of goods sold for each

Calculate budget cost of goods sold for each quarter

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Reference no: EM132511102

You work for the MARKER COMPANY, that sells high quality markers, and have been assigned to prepare the Master Budget for the year. After extensive interviews, you have gathered the following information; Markers will sell for $10 each. These markers cost $6 each. Anticipated sales for the year are 300,000 units.

These sales are anticipated in the following quarters:

01-65,000;

02-40,000;

03-70,000;

04-125,000.

Required:

Question a. From the information, calculate budget revenues for each quarter, and the total for the entire year. (show calculations for full credit)

Question b. From the information, calculate budget Cost of Goods Sold for each quarter, and the total for the entire year. (show calculations for full credit)

Reference no: EM132511102

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Calculate budget cost of goods sold for each quarter

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