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Ivanhoe Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $27, respectively. Because of the

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Ivanhoe Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $27, respectively. Because of the intense competition Ivanhoe faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Product XQ-103 XQ-104 Unit Sales Quarter 1 Quarter 2 22,240 27.050 13,630 17,350 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2020. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. Quarter 1 Selling Price Product Units Total Sales Units XQ-103 $ $ XQ-104 Totals $

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