essentials of effective budgeting. 2 quarters. E22.2 (LO 2), AP Edington Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition Eding- Excel ton faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 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. Instructions Prepare a sales budget for the 2 quarters ending June 30, 2022. List the products and show for each quar- ter and for the 6 months, units, selling price, and total sales by product and in total