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	32,025		13,038
Central	8,137		3,136
West	7,008		2,266

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		30,500		$29		$884,500
Central		7,900		29		229,100
West		7,300		29		211,700
Total		45,700				$1,325,300
12" 16" Frame:
East		12,300		$39		$479,700
Central		3,200		39		124,800
West		2,200		39		85,800
Total		17,700				$690,300
Total revenue from sales						$2,015,600

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 $30 and the unit selling price for the 12" 16" frame is expected to increase to $41, 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 2be54df9b05b028_1		fill in the blank 2be54df9b05b028_2		fill in the blank 2be54df9b05b028_3	fill in the blank 2be54df9b05b028_4 %
	Central	fill in the blank 2be54df9b05b028_5		fill in the blank 2be54df9b05b028_6		fill in the blank 2be54df9b05b028_7	fill in the blank 2be54df9b05b028_8 %
	West	fill in the blank 2be54df9b05b028_9		fill in the blank 2be54df9b05b028_10		fill in the blank 2be54df9b05b028_11	fill in the blank 2be54df9b05b028_12 %
12" 16" Frame:
	East	fill in the blank 2be54df9b05b028_13		fill in the blank 2be54df9b05b028_14		fill in the blank 2be54df9b05b028_15	fill in the blank 2be54df9b05b028_16 %
	Central	fill in the blank 2be54df9b05b028_17		fill in the blank 2be54df9b05b028_18		fill in the blank 2be54df9b05b028_19	fill in the blank 2be54df9b05b028_20 %
	West	fill in the blank 2be54df9b05b028_21		fill in the blank 2be54df9b05b028_22		fill in the blank 2be54df9b05b028_23	fill in the blank 2be54df9b05b028_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 2be54df9b05b028_25		fill in the blank 2be54df9b05b028_26 %	fill in the blank 2be54df9b05b028_27
	Central	fill in the blank 2be54df9b05b028_28		fill in the blank 2be54df9b05b028_29 %	fill in the blank 2be54df9b05b028_30
	West	fill in the blank 2be54df9b05b028_31		fill in the blank 2be54df9b05b028_32 %	fill in the blank 2be54df9b05b028_33
12" 16" Frame:
	East	fill in the blank 2be54df9b05b028_34		fill in the blank 2be54df9b05b028_35 %	fill in the blank 2be54df9b05b028_36
	Central	fill in the blank 2be54df9b05b028_37		fill in the blank 2be54df9b05b028_38 %	fill in the blank 2be54df9b05b028_39
	West	fill in the blank 2be54df9b05b028_40		fill in the blank 2be54df9b05b028_41 %	fill in the blank 2be54df9b05b028_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 95824ff9efb702c_1	$fill in the blank 95824ff9efb702c_2	$fill in the blank 95824ff9efb702c_3
Central	fill in the blank 95824ff9efb702c_4	fill in the blank 95824ff9efb702c_5	fill in the blank 95824ff9efb702c_6
West	fill in the blank 95824ff9efb702c_7	fill in the blank 95824ff9efb702c_8	fill in the blank 95824ff9efb702c_9
Total	fill in the blank 95824ff9efb702c_10		$fill in the blank 95824ff9efb702c_11
12" 16" Frame:
East	fill in the blank 95824ff9efb702c_12	$fill in the blank 95824ff9efb702c_13	$fill in the blank 95824ff9efb702c_14
Central	fill in the blank 95824ff9efb702c_15	fill in the blank 95824ff9efb702c_16	fill in the blank 95824ff9efb702c_17
West	fill in the blank 95824ff9efb702c_18	fill in the blank 95824ff9efb702c_19	fill in the blank 95824ff9efb702c_20
Total	fill in the blank 95824ff9efb702c_21		$fill in the blank 95824ff9efb702c_22
Total revenue from sales			$fill in the blank 95824ff9efb702c_23