Forecast Sales Volume and Sales Budget For 20Y8, Raphael Frame Company prepared the sales budget that follows. At the end of December 2018, the following unit sales data were reported for the year: Unit Sales 8" x 10" 12" X 16" Frame Frame East 20,580 10,706 Central 5,459 4,018 West 4,704 3,366 Raphael Frame Company Sales Budget For the Year Ending December 31, 2048 Product and Area Unit Sales Volume Unit Selling Price Total Sales 8" x 10" Frame: East 19,600 5,300 Central $490,000 132,500 122,500 West 4,900 Total 29,800 $745,000 12" X 16" Frame: East 10,100 4,100 3,300 $262,600 106,600 Central West 85,800 Total 17,500 $455,000 Total revenue from sales $1,200,000 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" x 10" frame is expected to increase to $26 and the unit selling price for the 12" X 16" frame is expected to increase to $28, effective January 1, 2019. Required: US siyr LU Huildle duelredse ill all UPL di perleril. RUUPU percellS LU le redrest wide 1. Compule le llredse Ur uecredse ul duludl Drill Sdles Iur le yed! endeu December 31, 2018, uver uuugel. Use the percent. Unit Sales, Increase (Decrease) Year Ended 20Y8 Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East Central West 12" X 16" Frame: East Central 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. 2018 Percentage 2019 Actual Increase Budgeted Units (Decrease) Units (rounded) 8" x 10" Frame: East Central West 12" X 16" Frame: East Central West 3. Prepare a sales budget for the year ending December 31, 2019. 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 West Total