Question
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $27, respectively. Because of the
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $27, 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 Quarter 1 Quarter 2
XQ-103 22,740 27,280
XQ-104 14,680 16,990
No changes in selling prices are anticipated. 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
Quarter 1 Quarter 2 6 months
Product Units - Selling Price - Total Sales Units - Selling Price -Total Sales Units-Selling Price- Total Sales
XQ-103
XQ-104
Totals
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Authors: John Millar Carroll
1st Edition
0409950653, 978-0409950656
