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Oriole Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $10 and $20, respectively. Because of the
Oriole Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $10 and $20, respectively. Because of the intense competition Oriole faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 22,000 24,200 XQ-104 13,200 16,500 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2022. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. Product Units XQ-103 XQ-104 Totals Quarter 1 Selling Price $ $ $ Total Sales Units
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