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	31,312		13,416
Central	8,282		5,390
West	7,372		4,590

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		30,400		$31		$942,400
Central		8,200		31		254,200
West		7,600		31		235,600
Total		46,200				$1,432,200
12" 16" Frame:
East		12,900		$46		$593,400
Central		5,500		46		253,000
West		4,500		46		207,000
Total		22,900				$1,053,400
Total revenue from sales						$2,485,600

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 $32 and the unit selling price for the 12" 16" frame is expected to increase to $48, 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 683f5100df8a053_1		fill in the blank 683f5100df8a053_2		fill in the blank 683f5100df8a053_3	fill in the blank 683f5100df8a053_4 %
	Central	fill in the blank 683f5100df8a053_5		fill in the blank 683f5100df8a053_6		fill in the blank 683f5100df8a053_7	fill in the blank 683f5100df8a053_8 %
	West	fill in the blank 683f5100df8a053_9		fill in the blank 683f5100df8a053_10		fill in the blank 683f5100df8a053_11	fill in the blank 683f5100df8a053_12 %
12" 16" Frame:
	East	fill in the blank 683f5100df8a053_13		fill in the blank 683f5100df8a053_14		fill in the blank 683f5100df8a053_15	fill in the blank 683f5100df8a053_16 %
	Central	fill in the blank 683f5100df8a053_17		fill in the blank 683f5100df8a053_18		fill in the blank 683f5100df8a053_19	fill in the blank 683f5100df8a053_20 %
	West	fill in the blank 683f5100df8a053_21		fill in the blank 683f5100df8a053_22		fill in the blank 683f5100df8a053_23	fill in the blank 683f5100df8a053_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 683f5100df8a053_25		fill in the blank 683f5100df8a053_26 %	fill in the blank 683f5100df8a053_27
	Central	fill in the blank 683f5100df8a053_28		fill in the blank 683f5100df8a053_29 %	fill in the blank 683f5100df8a053_30
	West	fill in the blank 683f5100df8a053_31		fill in the blank 683f5100df8a053_32 %	fill in the blank 683f5100df8a053_33
12" 16" Frame:
	East	fill in the blank 683f5100df8a053_34		fill in the blank 683f5100df8a053_35 %	fill in the blank 683f5100df8a053_36
	Central	fill in the blank 683f5100df8a053_37		fill in the blank 683f5100df8a053_38 %	fill in the blank 683f5100df8a053_39
	West	fill in the blank 683f5100df8a053_40		fill in the blank 683f5100df8a053_41 %	fill in the blank 683f5100df8a053_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 337fa20d001bfe1_1	$fill in the blank 337fa20d001bfe1_2	$fill in the blank 337fa20d001bfe1_3
Central	fill in the blank 337fa20d001bfe1_4	fill in the blank 337fa20d001bfe1_5	fill in the blank 337fa20d001bfe1_6
West	fill in the blank 337fa20d001bfe1_7	fill in the blank 337fa20d001bfe1_8	fill in the blank 337fa20d001bfe1_9
Total	fill in the blank 337fa20d001bfe1_10		$fill in the blank 337fa20d001bfe1_11
12" 16" Frame:
East	fill in the blank 337fa20d001bfe1_12	$fill in the blank 337fa20d001bfe1_13	$fill in the blank 337fa20d001bfe1_14
Central	fill in the blank 337fa20d001bfe1_15	fill in the blank 337fa20d001bfe1_16	fill in the blank 337fa20d001bfe1_17
West	fill in the blank 337fa20d001bfe1_18	fill in the blank 337fa20d001bfe1_19	fill in the blank 337fa20d001bfe1_20
Total	fill in the blank 337fa20d001bfe1_21		$fill in the blank 337fa20d001bfe1_22
Total revenue from sales			$fill in the blank 337fa20d001bfe1_23