When you return to Jones SUrf Shop lhey are starting to put a budget together for the next year. Help Jeremy as he works through the budgeting process.
Jeremy would like to grow the buslness next year. He is budgeting In hopes that he will gro\v sales of surfbaards by 25 boands each quarter. Help hlm
complete the ssles budget below
Expected Sales Unib Quarter 1 Quarter 2 Quarter 3 Ctuarter 4
Saleh Prlce per Unit 150 175 '2f f. 2ZS
Total Sales Revenue 250 $ 250 $ 250 $ 250
Based on the above sales projections we need to put together a purchases budget. Jeremy would like to keep 50 boards on hand at all limes. The
cost of the boards is $100 from the wholesaler.
Purchesç>
Quaner 1 Quarter 2Budget Quarter 3 Quarter 4
Goods hold (Units) 50 5ó SO !ïÓ.
+ Endlng Inventory {Unlts)
Goods Available for Sale 2D0 22S 250 275
Beginning Inventory 50 SO 50 50
Units to be Purchased 150 175 200 225
Cost per Unit
$ 20,D00
Total Purchases Cost 15,000 17,500 $ 22,500
The following is a list of expenses that need to go irrto the selling and administrative expense bvdget. Help Jeremy show these in an Sales & Administraitve Expense Budget
A Costs per quarter:
Sales Commlsslon (per Unit sold)
8 ###
Sales Salaries (109a Raise expected in Q3) $
C Management Salañes S í
D Marketing Expense ### $ ,
### $ S
F Rent ### $ O
O
,udgeting process.
m
s & Administraitve Expense Budget
Jeremy would like to grow the buslness next year. He is budgeting In hopes that he will gro\v sales of surfbaards by 25 boands each quarter. Help hlm
complete the ssles budget below
Expected Sales Unib Quarter 1 Quarter 2 Quarter 3 Ctuarter 4
Saleh Prlce per Unit 150 175 '2f f. 2ZS
Total Sales Revenue 250 $ 250 $ 250 $ 250
Based on the above sales projections we need to put together a purchases budget. Jeremy would like to keep 50 boards on hand at all limes. The
cost of the boards is $100 from the wholesaler.
Purchesç>
Quaner 1 Quarter 2Budget Quarter 3 Quarter 4
Goods hold (Units) 50 5ó SO !ïÓ.
+ Endlng Inventory {Unlts)
Goods Available for Sale 2D0 22S 250 275
Beginning Inventory 50 SO 50 50
Units to be Purchased 150 175 200 225
Cost per Unit
$ 20,D00
Total Purchases Cost 15,000 17,500 $ 22,500
The following is a list of expenses that need to go irrto the selling and administrative expense bvdget. Help Jeremy show these in an Sales & Administraitve Expense Budget
A Costs per quarter:
Sales Commlsslon (per Unit sold)
8 ###
Sales Salaries (109a Raise expected in Q3) $
C Management Salañes S í
D Marketing Expense ### $ ,
### $ S
F Rent ### $ O
O
,udgeting process.
m
s & Administraitve Expense Budget
