E21-2 Prepare a sales budget for 2 quarters
Edington Electronics Inc. produces and sells two models of pocket 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. The projections for the first 2 quarters of 2017 are as follows.
		Unit Sales
	Product	Quarter 1	Quarter 2
	XQ-103	20,000	22,000
	XQ-104	12,000	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.
EDINGTON ELECTRONICS INC.
Sales Budget
For the Six Months Ending June 30, 2017
	Quarter 1
					Quarter 2				Six Months
		Selling	Total			Selling	Total			Selling	Total
Product	Units	Price	Sales		Units	Price	Sales		Units	Price	Sales
XQ-103		$15				$15				$15
XQ-104		25				25				25
Totals