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

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Exercise 22-02 (Video) 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: Unit Sales Product Quarter 1 Quarter 2 XQ-103 21,520 26,360 XQ-104 14,850 16,950 No changes in selling prices are anticipated Prepare 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 Six Months Quarter 1 Selling Price Quarter 2 Selling Price Product Units Total Sales Units Total Sales Units Selling Price Total Sales X0-103 $ XQ-104 Totals

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