Forecast Sales Volume and Sales Budget For 20Y8, Raphael Frame Company prepared the sales budget that follows. At the end of December 20Y8, the following unit sales data were reported for the year: Unit Sales 8" x 10" 12" x 16" Frame Frame 9,222 East 28,455 Central 6,695 2,646 5,760 West 2,040 Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y8 Unit Unit Sales Product and Area Selling Total Sales Volume Price 8" x 10" Frame: East 27,100 $28 $758,800 Central 6,500 28 182,000 West 6,000 28 168,000 39,600 Total $1,108,800 12" x 16" Frame: $38 East 8,700 $330,600 Central 2,700 38 102,600 West 2,000 38 76,000 Total 13,400 $509,200 Total revenue from sales $1,618,000 For the year ending December 31, 20Y9, unit sales are expected to follow the patterns established during the year ending December 31, 20Y8. The unit selling price for the 8" x 10" frame is expected to increase to $29 and the unit selling price for the 12" x 16" frame is expected to increase to $40, effective January 1, 20 . Required: 1. Compute the increase or decrease of actual unit sales for the year ended December 31, 20Y8, 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 20Y8 Actual Over Budget Budget Actual Sales Percent Amount 8" x 10" Frame V% 28,455 East % 3 6,695 Central V% 5,760 -4 West 12" x 16" Frame: V% 9,222 East % 2,646 -2 Central % 2,040 West 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 20Y9, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 20Y9. Use the minus sign to indicate decrease in percent. Round budgeted units to the nearest whole unit. 208 Percentage 209 Actual Budgeted Increase Units Units (rounded) (Decrease) 8" x 10" Frame % East Central -4 West % A 12" 16" Frame: 6 % East Central -2 2 V% West 3. Prepare a sales budget for the year ending December 31, 20Y9 Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y9 Total Sales Product and Area Unit Sales Volume Unit Selling Price 8" x 10" Frame: 29 East 29 Central 29 West Total 12" x 16" Frame: 40 East Central 40 40 West Total Total revenue from sales