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" 10" Frame		12" 16" Frame
East	25,830		15,582
Central	6,386		6,174
West	5,472		5,253

Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y6
Product and Area		Unit Sales Volume		Unit Selling Price		Total Sales
8" 10" Frame:
East		24,600		$25		$615,000
Central		6,200		25		155,000
West		5,700		25		142,500
Total		36,500				$912,500
12" 16" Frame:
East		14,700		$40		$588,000
Central		6,300		40		252,000
West		5,100		40		204,000
Total		26,100				$1,044,000
Total revenue from sales						$1,956,500

For the year ending December 31, 20Y7, unit sales are expected to follow the patterns established during the year ending December 31, 20Y6. The unit selling price for the 8" 10" frame is expected to increase to $26 and the unit selling price for the 12" 16" frame is expected to increase to $42, effective January 1, 20Y7.

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, Year Ended 20Y6				Increase (Decrease) Actual Over Budget
		Budget		Actual Sales		Amount	Percent
8" 10" Frame:
	East	fill in the blank fc9ee2042024fb4_1		fill in the blank fc9ee2042024fb4_2		fill in the blank fc9ee2042024fb4_3	fill in the blank fc9ee2042024fb4_4%
	Central	fill in the blank fc9ee2042024fb4_5		fill in the blank fc9ee2042024fb4_6		fill in the blank fc9ee2042024fb4_7	fill in the blank fc9ee2042024fb4_8%
	West	fill in the blank fc9ee2042024fb4_9		fill in the blank fc9ee2042024fb4_10		fill in the blank fc9ee2042024fb4_11	fill in the blank fc9ee2042024fb4_12%
12" 16" Frame:
	East	fill in the blank fc9ee2042024fb4_13		fill in the blank fc9ee2042024fb4_14		fill in the blank fc9ee2042024fb4_15	fill in the blank fc9ee2042024fb4_16%
	Central	fill in the blank fc9ee2042024fb4_17		fill in the blank fc9ee2042024fb4_18		fill in the blank fc9ee2042024fb4_19	fill in the blank fc9ee2042024fb4_20%
	West	fill in the blank fc9ee2042024fb4_21		fill in the blank fc9ee2042024fb4_22		fill in the blank fc9ee2042024fb4_23	fill in the blank fc9ee2042024fb4_24%

2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 20Y7, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 20Y7. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit.

		20Y6 Actual Units		Percentage Increase (Decrease)	20Y7 Budgeted Units (rounded)
8" 10" Frame:
	East	fill in the blank fc9ee2042024fb4_25		fill in the blank fc9ee2042024fb4_26%	fill in the blank fc9ee2042024fb4_27
	Central	fill in the blank fc9ee2042024fb4_28		fill in the blank fc9ee2042024fb4_29%	fill in the blank fc9ee2042024fb4_30
	West	fill in the blank fc9ee2042024fb4_31		fill in the blank fc9ee2042024fb4_32%	fill in the blank fc9ee2042024fb4_33
12" 16" Frame:
	East	fill in the blank fc9ee2042024fb4_34		fill in the blank fc9ee2042024fb4_35%	fill in the blank fc9ee2042024fb4_36
	Central	fill in the blank fc9ee2042024fb4_37		fill in the blank fc9ee2042024fb4_38%	fill in the blank fc9ee2042024fb4_39
	West	fill in the blank fc9ee2042024fb4_40		fill in the blank fc9ee2042024fb4_41%	fill in the blank fc9ee2042024fb4_42

3. Prepare a sales budget for the year ending December 31, 20Y7.

Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y7

Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
8" 10" Frame:
East	fill in the blank c3147d0d4026ffd_1	$fill in the blank c3147d0d4026ffd_2	$fill in the blank c3147d0d4026ffd_3
Central	fill in the blank c3147d0d4026ffd_4	fill in the blank c3147d0d4026ffd_5	fill in the blank c3147d0d4026ffd_6
West	fill in the blank c3147d0d4026ffd_7	fill in the blank c3147d0d4026ffd_8	fill in the blank c3147d0d4026ffd_9
Total	fill in the blank c3147d0d4026ffd_10		$fill in the blank c3147d0d4026ffd_11
12" 16" Frame:
East	fill in the blank c3147d0d4026ffd_12	$fill in the blank c3147d0d4026ffd_13	$fill in the blank c3147d0d4026ffd_14
Central	fill in the blank c3147d0d4026ffd_15	fill in the blank c3147d0d4026ffd_16	fill in the blank c3147d0d4026ffd_17
West	fill in the blank c3147d0d4026ffd_18	fill in the blank c3147d0d4026ffd_19	fill in the blank c3147d0d4026ffd_20
Total	fill in the blank c3147d0d4026ffd_21		$fill in the blank c3147d0d4026ffd_22
Total revenue from sales			$fill in the blank c3147d0d4026ffd_23