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Prepare a Sales Budget Report for the month of March

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Reference no: EM133044713

Problem - Cheater Trading Company's master budget reflects budgeted sales information for the month of March, 2020, as follows:

 

Budgeted Quantity

Budgeted Unit Sales Price

Baking potatoes

35,000 kilograms

$0.75 per kilogram

Boiling potatoes

20,000 kilograms

$0.30 per kilogram

 During March, the company actually sold 37,000 kilograms of baking potatoes at an average price of $0.73 per kilogram and 17,000 kilograms of boiling potatoes at an average price of $0.32 per kilogram.

Required - Prepare a Sales Budget Report for the month of March for Cheater Trading Company which shows whether the company achieved its planned objectives.

Reference no: EM133044713

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