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Crane Electronics Inc. produces and sells two models of pocket calculators, X0-103 and X0-104. The calculators sell for $14 and $26, respectively. Because of the
Crane Electronics Inc. produces and sells two models of pocket calculators, X0-103 and X0-104. The calculators sell for $14 and $26, respectively. Because of the intense competition Crane faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Unit Sales Product Quarter 2 XQ-103 XQ-104 Quarter 1 22,500 14,090 28,000 16,080 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2020. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. Product Unit Sales Quarter 1 Quarter 2 22,500 28,000 14,090 16,080 XQ-103 XQ-104 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2020. 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 Selling Price Product Units Total Sales Units XQ-103 $ $ XQ-104 Totals $
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