Forecast Sales Volume and Sales Budget For 2088, 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 10" Frame 12" X 16" Frame East 29,328 9,030 1,764 Central 7,752 West 6,887 1,122 Raphael Frame Company Sales Budget For the Year Ending December 31, 2018 Unit Unit Sales Product and Area Selling Volume Price Total Sales 8" x 10" Frame: East 28,200 $14 $394,800 Central 14 106,400 7,600 7,100 West 14 99,400 Total 42,900 $600,600 hem 12" X 16" Frame: East 8,600 $24 $206,400 Central 1,800 24 43,200 West 1,100 24 26,400 Total 11,500 $276,000 Total revenue from sales $876,600 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 $15 and the unit selling price for the 12" X 16" frame is expected to increase to $26, effective January 1, 2019 Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2078, 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) Year Ended 2048 Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East % Central % West % 12" X 16" Frame: 12" X 16" Frame: East % Central 5 5 5 5 % West % 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2019, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 2049. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit. 2018 Actual Units Percentage Increase (Decrease) 2019 Budgeted Units (rounded) 8" x 10" Frame: East % Central 96 West 96 12" X 16" Frame: East 96 III Central 96 West 9 3. Prepare a sales budget for the year ending December 31, 2019 Raphael Frame Company Sales Budget For the Year Ending December 31, 2019 Unit Sales Volume Unit Selling Price Product and Area Total Sales 8" x 10" Frame: East Central West Total 12" X 16" Frame: East Central West Total Total revenue from sales