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9Prepare a sales budge:for 2 quarters E21-2 LO 2), AP Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The
9Prepare a sales budge:for 2 quarters E21-2 LO 2), AP Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for S15 and S25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2017 are as follows Unit Sales Product Quarter1 Quarter 2 XQ-10320,000 22,000 XQ-1042,000 15,000 No changes in selling prices are anticipated. Instructions Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. Copyright2015 John Wley& Sons, Inc. All rights reserved
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