1

Golden Company manufactures burglar-resistant commercial door locks. Recently the company began selling locks on the Web,...

Question

Golden Company manufactures burglar-resistant commercial door locks. Recently the company began selling locks on the Web,...

Golden Company manufactures burglar-resistant commercial door locks. Recently the company began selling locks on the Web, and the company expects sales to increase dramatically compared with the prior year. For the past year, 2017, unit sales were:

First quarter $27,000 units
Second quarter 33,000 units
Third quarter 32,000 units
Fourth quarter 38,000 units


Assume that total sales for each quarter in 2018 will be 19 percent higher than in 2017 and that the selling price per lock is $25. Prepare a sales budget by quarter for 2018.

Golden Company
Sales Budget
For the Year Ending December 31, 2018

First
Quarter

Second
Quarter

Third
Quarter

Fourth
Quarter


Year

Projected sales

Sales price per unit

$

$

$

$

$

Budget revenue for 2018

$

$

$

$

$

Answers

Golden Company
Sales Budget
For the Year Ending December 31, 2018

First
Quarter

Second
Quarter

Third
Quarter

Fourth
Quarter


Year

Projected sales

27000*1.19 = 32130

33000*1.19 = 39270

32000*1.19 = 38080

38000*1.19 = 45220

154700

Sales price per unit

$25

$25

$25

$25

$25

Budget revenue for 2018

$803250

$981750

$952000

$1130500

$3867500


Similar Solved Questions

1 answers
A customer ask a business to hold an item until the customer can get the money...
A customer ask a business to hold an item until the customer can get the money from the bank to wish the business agrees, upon returning with the cash the customer was told that the item was sold, What are the legal position of a customer in relation to the English law of contract and the sale of go...
1 answers
Given the following data: E. = ¥115 = $1.00 + 1 = ¥124 = $1.00 Rus...
Given the following data: E. = ¥115 = $1.00 + 1 = ¥124 = $1.00 Rus = 10% Assuming that Japan is the domestic currency, if the interest parity condition is expected to hold, interest rates in Japan (R Japan) should equal % (Enter your answer as a percentage rounded to two decimal places)....
1 answers
At a concert, a person is standing 2.00 m from a speaker, where the sound intensity...
At a concert, a person is standing 2.00 m from a speaker, where the sound intensity is 0.120 W/m? Another person is 32,0 m from the speaker. Assume the sound is emitted equally in all directions to -1.00 x 10-12 W/m2 a) What is the intensity in Wim? at 32.0 m from the speaker? b) What is the sound l...
1 answers
*Problem 13-01A a-c Pronghorn Corporation was organized on January 1, 2020. It is authorized to issue...
*Problem 13-01A a-c Pronghorn Corporation was organized on January 1, 2020. It is authorized to issue 11,000 shares of 8%, $100 par value preferred stock, and 498,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first y...
1 answers
1. What are foreign currency commitments? Why are they considered special?
1. What are foreign currency commitments? Why are they considered special?...
1 answers
True or False: and can you tell me why. In a competitive market where the price...
True or False: and can you tell me why. In a competitive market where the price is below the average variable cost, new firms enter the industry in the long run and increase the equilibrium supply...
1 answers
Read the following Clinical Case: Jason is 11 years old and has Type 1 Diabetes. He...
Read the following Clinical Case: Jason is 11 years old and has Type 1 Diabetes. He was diagnosed with Diabetes when he was 5 years old. He is comfortable taking his "blood sugar" readings during the day. He likes to participate in sports and is on the soccer team, which practices three time...
1 answers
I need a care plan on Risk for infection related to elevated temperature as evidenced by...
i need a care plan on Risk for infection related to elevated temperature as evidenced by leukocytes...
1 answers
How do you find the sum of the terms of arithmetic -5, -3, -1,1......55?
How do you find the sum of the terms of arithmetic -5, -3, -1,1......55?...
1 answers
5. If F = (x, y, z), a = (a1, 22, a3) and 6 = {b1,b2,63),...
5. If F = (x, y, z), a = (a1, 22, a3) and 6 = {b1,b2,63), show that the vector equation (F- ā) . (-6)=0 is the equation of a sphere. What are the coordinates of the center of this sphere? What is the radius of the sphere?...
1 answers
1. Use any appropriate method to find each of the following integrals psin’ x-cos? 1.1 dx...
1. Use any appropriate method to find each of the following integrals psin’ x-cos? 1.1 dx sin x+cos x [4]...
1 answers
The accompanying table gives summary data on cube compressive strength (N/mm2) for concrete specimens made with...
The accompanying table gives summary data on cube compressive strength (N/mm2) for concrete specimens made with a pulverized fuel-ash mix. Age (days) Sample Size Sample Mean Sample SD 7 4.88 68 73 27.95 34.73 28 6.45 Calculate a 99% CI for the difference between true average 7-day strength and true ...
1 answers
Find the matrix representation of T relative to the bases B and C a + b...
Find the matrix representation of T relative to the bases B and C a + b + c T: P2 →C, T(a + bx + cx2) = a + b c a-b+c B={1, x, xl}, C= 000 a. 1 -4 5 MBC = -3 -2 1 3 0 2 b. 1 1 1 0 1 1 Il B,C 0 0 1 1 1 -1 1 1 1 B,C 1 - 1 0 0 2 Od. MT B,C 0 2 -2 1 -1 1 MBC = 1 -1 2 02-2 0 0 1 MB,C 5 1 1 -3 2-2 1 ...
1 answers
What is the total amount of energy required to remove both electrons from an atom of helium, in kcal per mol?
What is the total amount of energy required to remove both electrons from an atom of helium, in kcal per mol?...
1 answers
Lisa, a perceptive student in the SCSU MBA program, noted the popularity of the HP-12c calculators...
Lisa, a perceptive student in the SCSU MBA program, noted the popularity of the HP-12c calculators used by students in her finance classes. She also saw that certain business school professors doggedly carried these calculators around for decades like some kind of religious talisman. She saw an oppo...
1 answers
Question 15 Oriole Company had the following transactions during the first week of May. Record the...
Question 15 Oriole Company had the following transactions during the first week of May. Record the following transactions in general journal form. Identify each transaction by number. You may amit explanations of the transaction. (Credit account titles are automatically indented when amount is enter...
1 answers
I need help with part b of #1 and also #2 R_1 = 1.12 Ohm; R_2...
I need help with part b of #1 and also #2 R_1 = 1.12 Ohm; R_2 = 2.24 Ohm; R_3 = 5.60 Ohm; R_4 = 3.36 Ohm How much current flows through each of the four resistors? I_1 = A I_2 = What is the total current delivered by the battery? What is the voltage across R_1? What are the voltages across each of t...

-- 0.011765--