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Martinez Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $28, respectively. Because of the
Martinez Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $28, respectively. Because of the intense competition Martinez faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2017 are as follows. Product X0-103 XQ-104 Unit Sales Quarter 1 Quarter 2 22,690 27,300 13,560 16,570 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. MARTINEZ ELECTRONICS INC. Sales Budget Six Months Quarter 1 Selling Price Quarter 2 Selling Price Product Units Total Sales Units Total Sales Units Selling Price Total Sales X0-103 $ XQ-104 Totals
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