$5.$ Canadian Sound Designs produces two $2$ automotive subwoofers: SL$7$ and SL$5.$ The SL$7$ sells for $$475$ and SL$5$ sells for $$300.$ Projected sales $($number of speakers$)$ for the coming $5$ quarters are as follows:Team$-$Romal, Jasmine, Diya, Rahul, Rabbia, Mankirt

SL$7$ SL$5$

Qtr $18001,300$

Qtr $22,2001,400$

Qtr $35,6005,300$

Qtr $44,6003,900$

Qtr $59001,200$

The VP Sales thinks the projected sales are realistic and can be achieved!

Required: Prepare a Sales Budget for each of the $1$st four Quarters and for the year in total $($ The year consists of Qtr $1-4).$ Show sales by product and in total for each time period $($in units and dollars$).$ Show detailed calculations and footnotes.

$6.$ Canadian Sound Designs needs a production budget for each prokduct as listed in #$5.$ See required sales by quarter in #$5.$ Beginning inventory of SL$7$ for the $1$st qtr was $340$ speakers. The company's policy is to have $20\%$ of the next quarter's sales of the SL$7$ in ending inventory. Beginning inventory of SL$5$ for the $1$st qtr was $170$ speakers. The company's policy is to have $30\%$ of the next quarter's sales of the SL$5$ in ending inventory.

Required: Prepare a Production Budget for each product for each of the first four quarters and for the year in total. $($ The year consists of Qtr $1-4).$