Sales Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $627, and the S12L5 sells for $396. Projected sales (number of speakers) for the coming five quarters are as follows: S12L7 S12L5 First quarter, 20Y1 800 1,300 Second quarter, 20Y1 2,200 1,400 Third quarter, 20Y1 5,600 5,300 Fourth quarter, 20Y1 4,600 3,900 First quarter, 20Y2 900 1,200 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required: Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year S12L7: Units fill in the blank 2f6b2604ff91fe0_1 fill in the blank 2f6b2604ff91fe0_2 fill in the blank 2f6b2604ff91fe0_3 fill in the blank 2f6b2604ff91fe0_4 fill in the blank 2f6b2604ff91fe0_5 Price $fill in the blank 2f6b2604ff91fe0_6 $fill in the blank 2f6b2604ff91fe0_7 $fill in the blank 2f6b2604ff91fe0_8 $fill in the blank 2f6b2604ff91fe0_9 $fill in the blank 2f6b2604ff91fe0_10 Sales $fill in the blank 2f6b2604ff91fe0_11 $fill in the blank 2f6b2604ff91fe0_12 $fill in the blank 2f6b2604ff91fe0_13 $fill in the blank 2f6b2604ff91fe0_14 $fill in the blank 2f6b2604ff91fe0_15 S12L5: Units fill in the blank 2f6b2604ff91fe0_16 fill in the blank 2f6b2604ff91fe0_17 fill in the blank 2f6b2604ff91fe0_18 fill in the blank 2f6b2604ff91fe0_19 fill in the blank 2f6b2604ff91fe0_20 Price $fill in the blank 2f6b2604ff91fe0_21 $fill in the blank 2f6b2604ff91fe0_22 $fill in the blank 2f6b2604ff91fe0_23 $fill in the blank 2f6b2604ff91fe0_24 $fill in the blank 2f6b2604ff91fe0_25 Sales $fill in the blank 2f6b2604ff91fe0_26 $fill in the blank 2f6b2604ff91fe0_27 $fill in the blank 2f6b2604ff91fe0_28 $fill in the blank 2f6b2604ff91fe0_29 $fill in the blank 2f6b2604ff91fe0_30 Total sales $fill in the blank 2f6b2604ff91fe0_31 $fill in the blank 2f6b2604ff91fe0_32 $fill in the blank 2f6b2604ff91fe0_33 $fill in the blank 2f6b2604ff91fe0_34 $fill in the blank 2f6b2604ff91fe0_35 How will Stillwater Designs use this sales budget? Stillwater Designs will use the sales budget in planning as the basis for the production budget. The company can also compare actual sales against the budget to see if expectations were achieved. Both 1 and 2 None of the above

Sales Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $627, and the S12L5 sells for $396. Projected sales (number of speakers) for the coming five quarters are as follows: S12L7 S12L5 First quarter, 20Y1 800 1,300 Second quarter, 20Y1 2,200 1,400 Third quarter, 20Y1 5,600 5,300 Fourth quarter, 20Y1 4,600 3,900 First quarter, 20Y2 900 1,200 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required: Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year S12L7: Units fill in the blank 2f6b2604ff91fe0_1 fill in the blank 2f6b2604ff91fe0_2 fill in the blank 2f6b2604ff91fe0_3 fill in the blank 2f6b2604ff91fe0_4 fill in the blank 2f6b2604ff91fe0_5 Price $fill in the blank 2f6b2604ff91fe0_6 $fill in the blank 2f6b2604ff91fe0_7 $fill in the blank 2f6b2604ff91fe0_8 $fill in the blank 2f6b2604ff91fe0_9 $fill in the blank 2f6b2604ff91fe0_10 Sales $fill in the blank 2f6b2604ff91fe0_11 $fill in the blank 2f6b2604ff91fe0_12 $fill in the blank 2f6b2604ff91fe0_13 $fill in the blank 2f6b2604ff91fe0_14 $fill in the blank 2f6b2604ff91fe0_15 S12L5: Units fill in the blank 2f6b2604ff91fe0_16 fill in the blank 2f6b2604ff91fe0_17 fill in the blank 2f6b2604ff91fe0_18 fill in the blank 2f6b2604ff91fe0_19 fill in the blank 2f6b2604ff91fe0_20 Price $fill in the blank 2f6b2604ff91fe0_21 $fill in the blank 2f6b2604ff91fe0_22 $fill in the blank 2f6b2604ff91fe0_23 $fill in the blank 2f6b2604ff91fe0_24 $fill in the blank 2f6b2604ff91fe0_25 Sales $fill in the blank 2f6b2604ff91fe0_26 $fill in the blank 2f6b2604ff91fe0_27 $fill in the blank 2f6b2604ff91fe0_28 $fill in the blank 2f6b2604ff91fe0_29 $fill in the blank 2f6b2604ff91fe0_30 Total sales $fill in the blank 2f6b2604ff91fe0_31 $fill in the blank 2f6b2604ff91fe0_32 $fill in the blank 2f6b2604ff91fe0_33 $fill in the blank 2f6b2604ff91fe0_34 $fill in the blank 2f6b2604ff91fe0_35 How will Stillwater Designs use this sales budget? Stillwater Designs will use the sales budget in planning as the basis for the production budget. The company can also compare actual sales against the budget to see if expectations were achieved. Both 1 and 2 None of the above

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter9: Profit Planning And Flexible Budgets

Section: Chapter Questions

Problem 50E: Use the following information for Exercises 9-50 and 9-51: Assume that Stillwater Designs produces...

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Sales Budget

Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $627, and the S12L5 sells for $396. Projected sales (number of speakers) for the coming five quarters are as follows:

	S12L7	S12L5
First quarter, 20Y1	800	1,300
Second quarter, 20Y1	2,200	1,400
Third quarter, 20Y1	5,600	5,300
Fourth quarter, 20Y1	4,600	3,900
First quarter, 20Y2	900	1,200

The vice president of sales believes that the projected sales are realistic and can be achieved by the company.

Required:

Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer.

	1st Qtr.	2nd Qtr.	3rd Qtr.	4th Qtr.	Year
S12L7:
Units	fill in the blank 2f6b2604ff91fe0_1	fill in the blank 2f6b2604ff91fe0_2	fill in the blank 2f6b2604ff91fe0_3	fill in the blank 2f6b2604ff91fe0_4	fill in the blank 2f6b2604ff91fe0_5
Price	$fill in the blank 2f6b2604ff91fe0_6	$fill in the blank 2f6b2604ff91fe0_7	$fill in the blank 2f6b2604ff91fe0_8	$fill in the blank 2f6b2604ff91fe0_9	$fill in the blank 2f6b2604ff91fe0_10
Sales	$fill in the blank 2f6b2604ff91fe0_11	$fill in the blank 2f6b2604ff91fe0_12	$fill in the blank 2f6b2604ff91fe0_13	$fill in the blank 2f6b2604ff91fe0_14	$fill in the blank 2f6b2604ff91fe0_15
S12L5:
Units	fill in the blank 2f6b2604ff91fe0_16	fill in the blank 2f6b2604ff91fe0_17	fill in the blank 2f6b2604ff91fe0_18	fill in the blank 2f6b2604ff91fe0_19	fill in the blank 2f6b2604ff91fe0_20
Price	$fill in the blank 2f6b2604ff91fe0_21	$fill in the blank 2f6b2604ff91fe0_22	$fill in the blank 2f6b2604ff91fe0_23	$fill in the blank 2f6b2604ff91fe0_24	$fill in the blank 2f6b2604ff91fe0_25
Sales	$fill in the blank 2f6b2604ff91fe0_26	$fill in the blank 2f6b2604ff91fe0_27	$fill in the blank 2f6b2604ff91fe0_28	$fill in the blank 2f6b2604ff91fe0_29	$fill in the blank 2f6b2604ff91fe0_30
Total sales	$fill in the blank 2f6b2604ff91fe0_31	$fill in the blank 2f6b2604ff91fe0_32	$fill in the blank 2f6b2604ff91fe0_33	$fill in the blank 2f6b2604ff91fe0_34	$fill in the blank 2f6b2604ff91fe0_35

How will Stillwater Designs use this sales budget?

Stillwater Designs will use the sales budget in planning as the basis for the production budget.
The company can also compare actual sales against the budget to see if expectations were achieved.
Both 1 and 2
None of the above

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