Answer:
Q1= $700,000
Q2= $980,000
Q3= $1,050,000
Q4= $1,260,000
Explanation:
Giving the following information:
Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Using a sales price of $70 per unit.
We know that budgeted sales are the result of multiplying the estimated sales with the selling price:
Q1= $70*10,000= $700,000
Q2= $70*14,000= $980,000
Q3= $70*15,000= $1,050,000
Q4= $70*18,000= $1,260,000
