Preparing a sales budget

patrick inc. sells industrial solvents in five-gallon drums. patrick expects the following units to be sold in the first three months of the coming year:

january 41,000
february 38,000
march 50,000
the average price for a drum is $38.

required:

prepare a sales budget for the first three months of the coming year, showing units and sales revenue by month and in total for the quarter. do not include a multiplication symbol as part of your answer.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery