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Prepare Sales Budget for the year 2021 from the following particulars. A company manufactures two...

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Accounting

Prepare Sales Budget for the year 2021 from the following particulars.

A company manufactures two articles X and Y. Sales for the year 2021 was planned as follows:

Product

1st Quarter

Units

2nd Quarter

Units

3rd Quarter

Units

4th Quarter

Units

Product X

1000

1500

1700

2000

Product Y

500

600

700

800

Selling price were OMR 10 per unit for Product X and OMR 5 per unit for Product Y. Average sales return to be @ 10% of sales and the discounts amount to 2% of the total sales

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