Beca Adventures provides tours of scenic locations in Oregon. The company expects tours taken to increase...
Beca Adventures provides tours of scenic locations in Oregon. The company expects tours taken to increase dramatically compared with the prior year. For the past year, 2017, the number of tours given were as follows:
First quarter 8,000
Second quarter 10,000
Third quarter 10,000
Fourth quarter 12,000
Assume that sales for each quarter in 2018 will be 26 percent higher than in 2017 and that the price per tour is $86. Prepare a sales budget by quarter for 2018.
Homework Answers
| Sales Budget | ||||
| Qtr 1 | Qtr 2 | Qtr 3 | Qtr4 | |
| No. of Tours | 8,000 | 10,000 | 10,000 | 12,000 |
| Price per Tour in 2017 | ||||
| ($86*100/126) | 68.25 | 68.25 | 68.25 | 68.25 |
| Sales in 2017 | 5,46,000 | 6,82,500 | 6,82,500 | 8,19,000 |
| Increase in sales(26% of sales in 2017) | 1,41,960 | 1,77,450 | 1,77,450 | 2,12,940 |
| Sales in 2018 | 6,87,960 | 8,59,950 | 8,59,950 | 10,31,940 |
| Price per Tour in 2018 | 86 | 86 | 86 | 86 |
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