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 East 29,432 14,385 Central 7,752 3,528 West 6,887 2,550 Raphael Frame Company Sales Budget For the Year Ending December 31, 2048 Unit Unit Sales Product and Area Selling Volume Price Total Sales 8" x 10" Frame: East 28,300 $29 7,600 29 $820,700 220,400 205,900 Central 7,100 29 West Total 43,000 $1,247,000 12" X 16" Frame: East 30 West 30 13,700 $30 $411,000 Central 3,600 108,000 2,500 75,000 Total 19,800 $594,000 Total revenue from sales $1,841,000 For the year ending December 31, 2049, 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 $32, effective January 1, 2019. 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 Amount Percent 8" x 10" Frames % East Central 5 5 5 5 % West % 12" X 16" Frame: East % Central 3 3 3 3 % West % 2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 2019, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 2019. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit. 20Y8 Percentage 2019 Increase Budgeted Units (Decrease) Units (rounded) Actual 8" x 10" Frame: East % Central % West % 12" X 16" Frame: III III III III East % Central % West % 3. Prepare a sales budget for the year ending December 31, 2019. Central % West % 3. Prepare a sales budget for the year ending December 31, 2049. Raphael Frame Company Sales Budget For the Year Ending December 31, 2049 Product and Area Unit Sales Volume Unit Selling Price Total Sales '8" x 10" Frame: East Central West Total 12" X 16" Frame: East Central 9 West Total Total revenue from sales