Forecast Sales Volume and Sales Budget For 2018, Raphael Frame Company prepared the sales budget that follows. At the end of December 2018, the following unit sales data were reported for the year: Unit Sales 8" X 12" x 10" 16" Frame Frame East 20,904 10,185 Central 4,896 2,254 West 4,224 1,648 Raphael Frame Company Sales Budget For the Year Ending December 31, 2018 Unit Unit Product and Area Sales Selling Total Sales Volume Price 8" x 10" Frame: East 20,100 $26 $522,600 Central 4,800 124,800 West 4,400 26 114,400 Total 29,300 $761,800 26 12" X 16" Frame: East 9,700 $36 $349,200 Central 2,300 36 82,800 West 1,600 36 57,600 Total 13,600 $489,600 Total revenue from $1,251,400 sales For the year ending December 31, 2019, unit sales are expected to follow the patterns established during the year ending December 31, 20Y8. The unit selling price for the 8" 10" frame is expected to increase to $27 and the unit selling price for the 12" X 16" frame is expected to increase to $38, effective January 1, 2049. Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2048, over budget. Use the minus sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent. Check My Work Previous me 12" X 16" frame is expected to increase to $38, effective January 1, 2019. Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2048, over budget. Use them sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent. Unit Sales, Increase (Decrease) Year Ended 20Y8 Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East 20,10 Central 4,800 West 4,400 12" X 16" Frame: East 9,700 Central 2,300 West 1,600 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2049, computet unit sales volume to be used for preparing the sales budget for the year ending December 31, 2019. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit. 2018 Percentage 2049 Actual Increase Budgeted Units (Decrease) Units (rounded) 8" x 10" Frame: East 19,70 % Central West 12" X 16" Frame: East Central West Feedback Check My Work To calculate the difference subtract budget from actual sales. Learning Objective 4. 3. Prepare a sales budget for the year ending December 31, 2019. Raphael Frame Company Check My Work Previous 3. Prepare a sales budget for the year ending December 31, 2049. Raphael Frame Company Sales Budget For the Year Ending December 31, 2019 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 Feedback Check My Work
