A manufacturing company submits the following information for the first quarter of 2010:
|
Product K |
Product L |
Product M |
|
|
Sales (in units): |
|||
|
January |
25,000 |
30,000 |
10,000 |
|
February |
20,000 |
25,000 |
10,000 |
|
March |
30,000 |
35,000 |
10,000 |
|
Selling price per unit [Rs) |
10 |
20 |
40 |
|
Target for 1st quarter of 2010: |
|||
|
Sales quantity increase [%] |
20 |
20 |
10 |
|
Selling Price increase [%] |
Nil |
10 |
25 |
|
Stock position on 11anuary 2010: |
|||
|
%oflanuary-2010 Sales NA |
50 |
50 |
50 |
|
Stock position on 31 March 2010 |
20,000 |
25,000 |
5,000 |
|
Stock position at the end of January & February 2010: |
|||
|
%of subsequent months Sales [%] |
50 |
50 |
50 |
You are required to prepare the Sales and Production Budget for the first quarter of 2010.