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" 10" Frame		12" 16" Frame
East	21,733		10,712
Central	5,151		3,822
West	4,416		3,193

Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y8
Product and Area		Unit Sales Volume		Unit Selling Price		Total Sales
8" 10" Frame:
East		21,100		$33		$696,300
Central		5,100		33		168,300
West		4,600		33		151,800
Total		30,800				$1,016,400
12" 16" Frame:
East		10,300		$43		$442,900
Central		3,900		43		167,700
West		3,100		43		133,300
Total		17,300				$743,900
Total revenue from sales						$1,760,300

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" 10" frame is expected to increase to $34 and the unit selling price for the 12" 16" frame is expected to increase to $45, effective January 1, 20Y9.

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, Year Ended 20Y8				Increase (Decrease) Actual Over Budget
		Budget		Actual Sales		Amount	Percent
8" 10" Frame:
	East	fill in the blank aa0d72095fa602f_1		fill in the blank aa0d72095fa602f_2		fill in the blank aa0d72095fa602f_3	fill in the blank aa0d72095fa602f_4 %
	Central	fill in the blank aa0d72095fa602f_5		fill in the blank aa0d72095fa602f_6		fill in the blank aa0d72095fa602f_7	fill in the blank aa0d72095fa602f_8 %
	West	fill in the blank aa0d72095fa602f_9		fill in the blank aa0d72095fa602f_10		fill in the blank aa0d72095fa602f_11	fill in the blank aa0d72095fa602f_12 %
12" 16" Frame:
	East	fill in the blank aa0d72095fa602f_13		fill in the blank aa0d72095fa602f_14		fill in the blank aa0d72095fa602f_15	fill in the blank aa0d72095fa602f_16 %
	Central	fill in the blank aa0d72095fa602f_17		fill in the blank aa0d72095fa602f_18		fill in the blank aa0d72095fa602f_19	fill in the blank aa0d72095fa602f_20 %
	West	fill in the blank aa0d72095fa602f_21		fill in the blank aa0d72095fa602f_22		fill in the blank aa0d72095fa602f_23	fill in the blank aa0d72095fa602f_24 %

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 a decrease in percent. Round budgeted units to the nearest whole unit.

		20Y8 Actual Units		Percentage Increase (Decrease)	20Y9 Budgeted Units (rounded)
8" 10" Frame:
	East	fill in the blank aa0d72095fa602f_25		fill in the blank aa0d72095fa602f_26 %	fill in the blank aa0d72095fa602f_27
	Central	fill in the blank aa0d72095fa602f_28		fill in the blank aa0d72095fa602f_29 %	fill in the blank aa0d72095fa602f_30
	West	fill in the blank aa0d72095fa602f_31		fill in the blank aa0d72095fa602f_32 %	fill in the blank aa0d72095fa602f_33
12" 16" Frame:
	East	fill in the blank aa0d72095fa602f_34		fill in the blank aa0d72095fa602f_35 %	fill in the blank aa0d72095fa602f_36
	Central	fill in the blank aa0d72095fa602f_37		fill in the blank aa0d72095fa602f_38 %	fill in the blank aa0d72095fa602f_39
	West	fill in the blank aa0d72095fa602f_40		fill in the blank aa0d72095fa602f_41 %	fill in the blank aa0d72095fa602f_42

3. Prepare a sales budget for the year ending December 31, 20Y9.

Raphael Frame Company
Sales Budget
For the Year Ending December 31, 20Y9
Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
8" 10" Frame:
East	fill in the blank ee1a1e00cfc0f95_1	$fill in the blank ee1a1e00cfc0f95_2	$fill in the blank ee1a1e00cfc0f95_3
Central	fill in the blank ee1a1e00cfc0f95_4	fill in the blank ee1a1e00cfc0f95_5	fill in the blank ee1a1e00cfc0f95_6
West	fill in the blank ee1a1e00cfc0f95_7	fill in the blank ee1a1e00cfc0f95_8	fill in the blank ee1a1e00cfc0f95_9
Total	fill in the blank ee1a1e00cfc0f95_10		$fill in the blank ee1a1e00cfc0f95_11
12" 16" Frame:
East	fill in the blank ee1a1e00cfc0f95_12	$fill in the blank ee1a1e00cfc0f95_13	$fill in the blank ee1a1e00cfc0f95_14
Central	fill in the blank ee1a1e00cfc0f95_15	fill in the blank ee1a1e00cfc0f95_16	fill in the blank ee1a1e00cfc0f95_17
West	fill in the blank ee1a1e00cfc0f95_18	fill in the blank ee1a1e00cfc0f95_19	fill in the blank ee1a1e00cfc0f95_20
Total	fill in the blank ee1a1e00cfc0f95_21		$fill in the blank ee1a1e00cfc0f95_22
Total revenue from sales			$fill in the blank ee1a1e00cfc0f95_23