hi you can tell me answer about this question step by step 1. Royal Company is preparing budgets for the 2nd quarter, which ends on June 30. Budgeted sales of the company’s only product for the next five months are:

April 30,000 units
May 60,000 units
June 50,000 units
July 70,000 units
August 30,000 units

The selling price is $10 per unit.

The following elements of the master budget has been prepared:

  • Sales budget & a schedule of expected cash collection from April-July
  • Production budget. April-July
  • Direct materials budget: April-June

Read the Guide: Create a budget | Manager

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