Montana manufactures bookcases for colleges and universities to use in dorm rooms. Each bookcase sells for P65. Due to the cyclical nature of the business, the company budgets two months ahead. ln early May, it is planning for july, its busiest month, The company plans to sell 114,500 bookcases in july. At the end of june, it expects to have 26,000 assembled bookcases in inventory, and it would like to have 3,000 bookcases in inventory at the end of july. What is the company's budgeted sales revenue for july?

Montana manufactures bookcases for colleges and universities to use in dorm rooms. Each bookcase sells for P65. Due to the cyclical nature of the business, the company budgets two months ahead. ln early May, it is planning for july, its busiest month, The company plans to sell 114,500 bookcases in july. At the end of june, it expects to have 26,000 assembled bookcases in inventory, and it would like to have 3,000 bookcases in inventory at the end of july. What is the company's budgeted sales revenue for july?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 14EB: Earthies Shoes has 55% of its sales in cash and the remainder on credit. Of the credit sales, 70% is...

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am Montana manufactures bookcases for colleges and universities to use in dorm rooms. Each bookcase sells for P65. Due to the cyclical nature of the business, the company budgets two months ahead. ln early May, it is planning for july, its busiest month, The company plans to sell 114,500 bookcases in july. At the end of june, it expects to have

26,000 assembled bookcases in inventory, and it would like to have 3,000 bookcases in inventory at the end of july. What is the company's budgeted sales revenue for july?

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