Question - Clark Company's master budget reflects budgeted sales information for the month of June, 2016, as follows:
|
Budgeted Quantity
|
Budgeted Unit Sales Price
|
|
Product A
|
40,000
|
$7
|
|
Product B
|
48,000
|
$9
|
During June, the company actually sold 39,000 units of Product A at an average unit price of $7.10 and 49,600 units of Product B at an average unit price of $8.90.
Prepare a Sales Budget Report for the month of June for Clark Company which shows whether the company achieved its planned objectives.