Green Tour Company shows the following estimates for sales for 2017: Q1 Q2 Q3 Q4 Year Units Sold 16000 8200 9250 4100 The company expects to sell its walking tours for $99.00 per person. Prepare the sales budget.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Green Tour Company shows the following estimates for sales for 2017:
|
|
Q1 |
Q2 |
Q3 |
Q4 |
Year |
|
Units Sold |
16000 |
8200 |
9250 |
4100 |
|
The company expects to sell its walking tours for $99.00 per person. Prepare the sales budget.
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