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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $26, 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 $26, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows.

Unit Sales

Product

Quarter 1

Quarter 2

XQ-103 21,670 26,320
XQ-104 13,540 16,200

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.

EDINGTON ELECTRONICS INC. Sales Budget For the Six Months Ending June 30, 2020June 30, 2020For the Quarter Ending June 30, 2020

Quarter 1

Quarter 2

Six 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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