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 22,880 10,815 Central 5,610 2,548 West 4,947 1,836 Raphael Frame Company Sales Budget For the Year Ending December 31, 2016 Product and Area Unit Sales Volume Unit Selling Price Total Sales 8" x 10" Frame: East 22,000 $35 $770,000 Central 5,500 35 192,500 West 5,100 35 178,500 Total 32,600 $1,141,000 12" X 16" Frame: East 10,300 $36 $370,800 Central 2,600 36 93,600 West 1,800 36 64,800 Total 14,700 $529,200 Total revenue from sales $1,670,200 For the year ending December 31, 2017, unit sales are expected to follow the patterns established during the year ending December 31, 2016. The unit selling price for the 8" x 10" frame is expected to increase to $36 and the unit selling price for the 12" X 16" frame is expected to increase to $38, 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, Year Ended 2016 Increase (Decrease) Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East % Central % West % 12" X 16" Frame: East % Central % West % 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2087, 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 Actual Units Percentage Increase (Decrease) 2017 Budgeted Units (rounded) 8" x 10" Frame: East % Central % West % 12" X 16" Frame: III III QUI , III III East % 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 Central West Total Total revenue from sales