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	24,205		11,544
Central	6,363		3,234
West	5,723		2,448

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		23,500		$20		$470,000
Central		6,300		20		126,000
West		5,900		20		118,000
Total		35,700				$714,000
12" 16" Frame:
East		11,100		$30		$333,000
Central		3,300		30		99,000
West		2,400		30		72,000
Total		16,800				$504,000
Total revenue from sales						$1,218,000

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" 10" frame is expected to increase to $21 and the unit selling price for the 12" 16" frame is expected to increase to $32, 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 7c5d35f7ef9ffba_1		fill in the blank 7c5d35f7ef9ffba_2		fill in the blank 7c5d35f7ef9ffba_3	fill in the blank 7c5d35f7ef9ffba_4 %
	Central	fill in the blank 7c5d35f7ef9ffba_5		fill in the blank 7c5d35f7ef9ffba_6		fill in the blank 7c5d35f7ef9ffba_7	fill in the blank 7c5d35f7ef9ffba_8 %
	West	fill in the blank 7c5d35f7ef9ffba_9		fill in the blank 7c5d35f7ef9ffba_10		fill in the blank 7c5d35f7ef9ffba_11	fill in the blank 7c5d35f7ef9ffba_12 %
12" 16" Frame:
	East	fill in the blank 7c5d35f7ef9ffba_13		fill in the blank 7c5d35f7ef9ffba_14		fill in the blank 7c5d35f7ef9ffba_15	fill in the blank 7c5d35f7ef9ffba_16 %
	Central	fill in the blank 7c5d35f7ef9ffba_17		fill in the blank 7c5d35f7ef9ffba_18		fill in the blank 7c5d35f7ef9ffba_19	fill in the blank 7c5d35f7ef9ffba_20 %
	West	fill in the blank 7c5d35f7ef9ffba_21		fill in the blank 7c5d35f7ef9ffba_22		fill in the blank 7c5d35f7ef9ffba_23	fill in the blank 7c5d35f7ef9ffba_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 7c5d35f7ef9ffba_25		fill in the blank 7c5d35f7ef9ffba_26 %	fill in the blank 7c5d35f7ef9ffba_27
	Central	fill in the blank 7c5d35f7ef9ffba_28		fill in the blank 7c5d35f7ef9ffba_29 %	fill in the blank 7c5d35f7ef9ffba_30
	West	fill in the blank 7c5d35f7ef9ffba_31		fill in the blank 7c5d35f7ef9ffba_32 %	fill in the blank 7c5d35f7ef9ffba_33
12" 16" Frame:
	East	fill in the blank 7c5d35f7ef9ffba_34		fill in the blank 7c5d35f7ef9ffba_35 %	fill in the blank 7c5d35f7ef9ffba_36
	Central	fill in the blank 7c5d35f7ef9ffba_37		fill in the blank 7c5d35f7ef9ffba_38 %	fill in the blank 7c5d35f7ef9ffba_39
	West	fill in the blank 7c5d35f7ef9ffba_40		fill in the blank 7c5d35f7ef9ffba_41 %	fill in the blank 7c5d35f7ef9ffba_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 524b88f68fa2fdd_1	$fill in the blank 524b88f68fa2fdd_2	$fill in the blank 524b88f68fa2fdd_3
Central	fill in the blank 524b88f68fa2fdd_4	fill in the blank 524b88f68fa2fdd_5	fill in the blank 524b88f68fa2fdd_6
West	fill in the blank 524b88f68fa2fdd_7	fill in the blank 524b88f68fa2fdd_8	fill in the blank 524b88f68fa2fdd_9
Total	fill in the blank 524b88f68fa2fdd_10		$fill in the blank 524b88f68fa2fdd_11
12" 16" Frame:
East	fill in the blank 524b88f68fa2fdd_12	$fill in the blank 524b88f68fa2fdd_13	$fill in the blank 524b88f68fa2fdd_14
Central	fill in the blank 524b88f68fa2fdd_15	fill in the blank 524b88f68fa2fdd_16	fill in the blank 524b88f68fa2fdd_17
West	fill in the blank 524b88f68fa2fdd_18	fill in the blank 524b88f68fa2fdd_19	fill in the blank 524b88f68fa2fdd_20
Total	fill in the blank 524b88f68fa2fdd_21		$fill in the blank 524b88f68fa2fdd_22
Total revenue from sales			$fill in the blank 524b88f68fa2fdd_23