For 2016, Raphael Frame Company prepared the sales budget that follows. At the end of December 20Y6, the following unit sales data were reported for the year: Unit Sales 8" x 10" 12" X 16" Frame Frame East 32,025 14,734 Central 8,446 4,900 West 7,296 4,017 Raphael Frame Company Sales Budget For the Year Ending December 31, 2016 Unit Unit Sales Selling Product and Area Volume Price Total Sales 8" x 10" Frame: East 30,500 $25 $762,500 Central 8,200 25 205,000 West 7,600 25 190,000 Total 46,300 46,300 $1,157,500 12" X 16" Frame: East 13,900 $26 $361,400 Central 5,000 26 130,000 West 3,900 26 101,400 Total 22,800 $592,800 Total revenue from sales $1,750,300 For the year ending December 31, 2017, unit sales are expected to follow the patterns established during the year ending December 31, 20Y6. The unit selling price for the 8" x 10" frame is expected to increase to $26 and the unit selling price for the 12" X 16" frame is expected to increase to $28, effective January 1, 2017. Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 20Y6, over budget. Use the minus sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent. Unit Sales, Increase (Decrease) Actual Over Budget Year Ended 2046 Budget Actual Sales Amount Percent 8" x 10" Frame: East % Central % West % 12" X 16" Frame: III II East % Central % West % 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2017, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 2017. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit. 2016 Percentage 2047 Actual Increase Budgeted Units (rounded) Units (Decrease) 8" x 10" Frame: East % Central IL % West % 12" X 16" Frame: III III East % Central INT % West % 3. Prepare a sales budget for the year ending December 31, 2017. Raphael Frame Company Sales Budget For the Year Ending December 31, 2017 Product and Area Unit Sales Volume Unit Selling Price Total Sales 8" x 10" Frame: East Central West Total 12" X 16" Frame: East $ $ Central West Total Total revenue from sales