Forecast Sales Volume and Sales Budget For 20Y6, 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" Frame 12" X 16" Frame East 25,544 11,544 Central 6,767 4,312 West 6,014 3,708 Raphael Frame Company Sales Budget For the Year Ending December 31, 2016 Unit Unit Sales Selling Product and Area Volume Price 8" x 10" Frame: East 24,800 $29 Total Sales $719,200 Central 6,700 29 194,300 West 6,200 29 179,800 Total 37,700 $1,093,300 12" X 16" Frame: East 11,100 $44 $488,400 Central 4,400 44 193,600 West 3,600 44 158,400 Total 19,100 $840,400 Total revenue from sales $1,933,700 For the year ending December 31, 2077, 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 $30 and the unit selling price for the 12" X 16" frame is expected to increase to $45, effective January 1, 2017. Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 2045, 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 2016 Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East % X To Frame East 96 Central 96 West 12" x 16" Frame: III III East Central 96 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. Percentage 2017 Actual Increase Budgeted Units (Decrease) Units (rounded) 8" x 10" Frame: lll lll | NII ll East % Central % West % 12" X 16" Frame: III III East 90 Central % 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 (11 1011 I 200 00000000 Central West Total Total revenue from sales