Subject:BusinessPrice: Bought3
. The marketing department of ABC company has prepared the following budget for sale of merchandise for the next year. Quarters 3rd 1st 3,000 2nd 3.200 4th 3.300 Year 12.600 3.100 Particulars Budgeted sale of merchandise in units The company has a standard policy of price fixation which currently is Rs. 500 per unit with 5% increase in every sales quarter year. After evaluating the quantities of budgeted sale units the marketing manager has concluded that the proposed budget is quite conservative. Therefore, he has suggested the budget committee to increase the proposed units by 10% right from the first quarter and 2 % sales Staff Commission as inspiration incentive. Required: 1. Compute the final marketing budget in quantitative and monetary terms for each quarter and the year. 2. Calculate the budgeted Commission to be included in the selling expenses for each quarter and the year.
