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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ 104. The calculatorssell 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 calculatorssell 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, Unit Sales Quarter 1 Quarter 2 Product XQ-103 21.220 27,660 X0-104 14,950 17.170 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, 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. Quarter 1 Product Units Selling Price Total Sales Units XQ-103 22580 $ 12 $ 270960 2621 XQ-104 13400 15 335000 1770 Totals 35980 805960 43911 Sales Budget Quarter 2 Six Months Selling Price Total Sales Units Selling Price 12 314520 18790 $ 12 25 442500 31100 $ 757020 79890 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. Six Months Total Sales Units Selling Price Total Sales $ 314520 48790 12 $ 585480 442500 31100 25 W7500 757020 79890 1362980
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