# Quarterly Sales Budget by Districts; Inventory Schedule. Estimated sales for the first three-month 1 answer below »

Quarterly Sales Budget by Districts; Inventory Schedule. Estimated sales for the first three-month period of the coming year of the Swartz Company are:

District Jan.

% Feb.

% March

% Total

%

Maine

.

50

30

20

100

New Hampshire

.

55

30

15

100

Vermont

.

50

25

25

100

Massachusetts

.

50

25

25

100

Estimated unit sales by districts for the three months are:

District

Maine . New Hampshire . Vermont . Massachusetts .

Total .

Unit

Sales

20,000

30,000

10,000

40,000

100,000

The unit sales price is \$2.

Company policy expects an inventory of 10,000 units at the beginning and the end of each three-month period. The production schedule is:

January. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . 55% February. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30% March…………………………. ……………•…… 15%

Required: (1) An estimate of sales by units and dollars for each of the first three months for each district and in total.

(2) A schedule of the end-of-month inventories by units. The beginning inventory is 10,000 units.