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Prepare a sales budget for peter creations

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Reference no: EM132919586

Peter's Creations produces homemade quality pies which currently sell for $8 a pie. 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 2020 were as follows:

Quarter Ending               Units
31 March                       15,000
30 June                        30,000
30 September                  40,000
31 December                 10,000

Due to the change in sales strategy and other operating conditions, Peter expects the following changes to sales for 2021:

Quarter Ending                    Expected Change
31 March                         Decrease by 6%
30 June                               Increase by 7%
30 September                          Increase by 4%
31 December                           Decrease by 10%

Peter also believes that the selling price should increase to $10 for the last two quarters of 2021.

Required

Problem 1: Prepare a Sales Budget for 2021.

Reference no: EM132919586

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