Question
Bonita Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense
Bonita Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows.
Unit Sales | ||||
---|---|---|---|---|
Product | Quarter 1 | Quarter 2 | ||
XQ-103 | 23,200 | 25,520 | ||
XQ-104 | 13,920 | 17,400 |
No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2022. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
Quarter 1 Product Units Selling Price Total Sales Units XQ-103 $ $ XQ-104 Totals $ TA ELECTRONICS INC. Sales Budget Quarter 2 Six Months Selling Price Total Sales Units Selling Price $ $ $ $ $ $ Total Sales $ $Step by Step Solution
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