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Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgeted sales for the next three months follow. Prepare a sales budget for the months of January, February, and March.

Short Answer

Expert verified

The total budgeted sales for the quarter will be$240,000.

Step by step solution

01

Given the amounts as

Particulars

Amount

Selling price

$50 per unit

Sales for January

1,200 units

Sales for February

2,000 units

Sales for March

1,600 units

02

Preparation of sales budget for the month of January, February and March

Scora Inc

Sales Budget

For the month of January, February and March

Particulars

Budgeted unit sales

Budgeted unit price

Budgeted total sales

January

1,200 units

$50

$60,000

February

2,000 units

$50

$100,000

March

1,600 units

$50

$80,000

Total for the quarter

4,800 units

$240,000

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