Solution-What is the budgeted sales revenue for the third

What is the budgeted sales revenue for the third quarter

Reference no: EM133189161

Question - MORGAN Merchandising is preparing its Sales Budget for the 3rd Quarter of 2020 based on a budgeted sales price agreed upon at the beginning of the year. To help in the budget preparation, the following information are given:

(a) Budgeted sales revenue for the 1st month of 2020 amounted to P375,000.

(b) Budgeted quantities sold for the 1st quarter of 2020 is 4,500 units.

(d) It is estimated that quantities sold will increase by 500 units on the first month of each quarter from the quantities sold of the previous month. What is the budgeted sales revenue for the 3rd quarter?

Reference no: EM133189161

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What is the budgeted sales revenue for the third quarter

Reference no: EM133189161

Reference no: EM133189161

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