Question
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15and $25, respectively. Because of the intense
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15and $25, 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-10320,00022,000XQ-10412,00015,000
No changes in selling prices are anticipated.
Put together 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
choose the accounting period
For the Six Months Ending June 30, 2020
June 30, 2020
For 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
enter a number of units
$
enter a dollar amount
$
enter a dollar amount
enter a number of units
$
enter a dollar amount
$
enter a dollar amount
enter a number of units
$
enter a dollar amount
$
enter a dollar amount
XQ-104
enter a number of units
enter a dollar amount
enter a dollar amount
enter a number of units
enter a dollar amount
enter a dollar amount
enter a number of units
enter a dollar amount
enter a dollar amount
Totals
enter a total number of units
$
enter a total dollar amount
enter a total number of units
$
enter a total dollar amount
enter a total number of units
$
enter a total dollar amount
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Horngrens Financial And Managerial Accounting The Managerial Chapters
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
6th Edition
0134486854, 978-0134486857
