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Exercise 22-02 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $26, respectively. Because

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Exercise 22-02 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $26, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Product XQ-103 XQ-104 Unit Sales Quarter 1 Quarter 2 21,670 26,320 13,540 16,200 No changes in selling prices are anticipated. Prepare sales budget for the 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 Quarter 1 Selling Price Quarter 2 Selling Price Six Months Selling Price Product Units Total Sales Units Total Sales Units Total Sales XQ-103 $ $ $ $ $ $ XQ-104 Totals $ $ $ Click if you would like to Show Work for this question: Open Show Work

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