Question
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 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 $12 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.
product quarter 1 quarter 2
| XQ-103 | 21,000 | 26,000 | ||
|---|---|---|---|---|
| XQ-104 | 13,000 | 16,000 |
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.
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Property Companies An Industry Accounting And Auditing Guide
Authors: Accountancy Books
1st Edition
1853558079, 978-1853558078
