Question
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, respectively. Because of the
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, 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 22,960 26,170 XQ-104 13,200 16,930
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 [Entry field with correct answer] For the Quarter Ending June 30, 2017 For the Six Months Ending June 30, 2017 June 30, 2017 Quarter 1 Quarter 2 Six Months Product Units Selling Price Total Sales Units Selling Price Total Sales Units Selling Price Total Sales XQ-103 [Entry field with incorrect answer] $ [Entry field with incorrect answer] $ [Entry field with incorrect answer] [Entry field with incorrect answer] $ [Entry field with incorrect answer] $ [Entry field with incorrect answer] [Entry field with incorrect answer] $ [Entry field with incorrect answer] $ [Entry field with incorrect answer] XQ-104 [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] [Entry field with incorrect answer] Totals [Entry field with incorrect answer] $ [Entry field with incorrect answer] [Entry field with incorrect answer] $ [Entry field with incorrect answer] [Entry field with incorrect answer] $ [Entry field with incorrect answer]
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