英语翻译
As shown in the master budget in illusion 6-2,the sales budget is the first budget prepared.Each of the other budgets depends on the sales budget.The sales budget is derived from the sales forecast.It represents management’s best estimate of sales revenue for the budget period.An inaccurate sales budget may adversely affect net income.For example,an overly optimistic sales budget may result in excessive inventories that may have to be sold at reduced prices.In contrast,an unduly conservative budget may result in loss of sales revenue due to inventory shortages.
The sales budget is prepared by multiplying the expected unit sales volume for each product by its anticipated unit selling price.For Hayes Company,sales volume is expected to be 3,000 units in the first quarter,with 500-unit increments in each succeeding quarter.Based on a sales price of $60 per unit,the sales budget for the year,by quarters,is shown in illustration 6-3.