Prepare a sales budget

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Question - Rima's Rockers makes specially designed rocking chairs which currently sell for $160. The entity has developed its web page and is trying to expand customer reach to this form of medium. Sales in units for each quarter of 2021 were as follows:

Quarter Ending

Units

31 March

920

30 June

700

30 September

1,140

31 December

1,380

Due to the change in sales strategy and other operating conditions, Rima expects the following changes to sales for 2022:

Quarter Ending

Expected Change

31 March

Decrease by 5%

30 June

Increase by 5%

30 September

Increase by 10%

31 December

Increase by 15%

Rima also believes that the selling price should increase to $180 for the last two quarters of 2022.

Required - Prepare a Sales Budget for 2022. Ensure you show all your workings.

Reference no: EM133105598

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