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Yeaman Company manufactures luggage sets. Yeaman sells its luggage sets to department stores. Yeaman expects to sell 1 comma 850 luggage sets for $ 345 each in January and 2 comma 250 luggage sets for $ 345 each in February. All sales are cash only. Prepare the sales budget for January and February.

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Answer and Explanation:

The preparation of the sales budget for the month of Jan and Feb is presented below:

Particulars                                       January February

Budgeted luggage sets to be sold    1,850        2,250

Sales price per unit                      $345        $345

Total sales                                     $638,250  $776,250

By multiply the luggage sets with the sales price per unit we can get the total sales and the same is shown above

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