Chapter Review 9-5f Cornerstone Exercises Cornerstone Exercise 9-1 Preparing a Sales Budget Memorsave Inc. makes and sells picture frames and expects the following units to be sold from July to September of the coming year: OBJECTIVE 2 CORNERSTONE 9.1 July August September 56,000 59,000 61,000 The average price for a unit is $52. Required: : Prepare a sales budget for the third quarter of the coming year, showing units and sales revenue by month and in total for the quarter