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Good-Buy Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The calculators sell for $ 8 and $ 5, respectively. Because

Good-Buy Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The calculators sell for $ 8 and $ 5, respectively. Because of the intense competition Good-Buy faces, management budgets sales annually. Its projections for the four quarters of 2020 are as follows:

Unit Sales
Product Quarter 1 Quarter 2 Quarter 3 Quarter 4
Deluxe 9,900 15,000 30,600 25,400
Standard 15,200 20,200 24,500 30,600

Prepare a sales budget for the four quarters ending December 31, 2020. For each quarter and for the 12 months, indicate the number of units, selling price, and total sales for each product and in total.

image text in transcribed

GOOD-BUY ELECTRONICS INC. Sales Budget For the year ending December 31, 2020 Quarter 1 2 3 Deluxe Sales in units $ $ S $ Unit price $ $ $ $ Deluxe sales Standard Sales in units $ $ $ $ Unit price $ $ $ Standard sales $ $ Total sales combined

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