Question
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 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 $15 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2014 are as follows.
|
| Unit Sales | |
| Product | Quarter 1 | Quarter 2 |
| XQ-103 | 20,000 | 22,000 |
| XQ-104 | 12,000 | 15,000 |
No changes in selling prices are anticipated.
Prepare a sales budget for the 2 quarters ending June 30, 2014. 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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Auditing IT Infrastructures For Compliance
Authors: Robert Johnson, Marty Weiss, Michael G. Solomon
3rd Edition
1284236609, 9781284236606
