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Sheridan Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $20 and $30, respectively. Because of the
Sheridan Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $20 and $30, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Product Quarter 1 XQ-103 Unit Sales XQ-104 22,800 13,680 Quarter 2 25,080 17,100 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 XQ-103 XQ-104 Totals Units $ Quarter 1 Selling Price LA $ LA Total Sales Units SHI SHERIDAN ELECTRONICS INC. Sales Budget LA $ Quarter 2 Selling Price LA Total Sales Units LA Six Months Selling Price LA Total Sales Product XQ-103 XQ-104 Totals Units $ Quarter 1 Selling Price LA $ LA Total Sales Units SHI SHERIDAN ELECTRONICS INC. Sales Budget LA $ Quarter 2 Selling Price LA Total Sales Sheridan Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $20 and $30, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Product Quarter 1 XQ-103 Unit Sales XQ-104 22,800 13,680 Quarter 2 25,080 17,100 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 XQ-103 XQ-104 Totals Units $ Quarter 1 Selling Price LA $ LA Total Sales Units SHI SHERIDAN ELECTRONICS INC. Sales Budget LA $ Quarter 2 Selling Price LA Total Sales Units LA Six Months Selling Price LA Total Sales Product XQ-103 XQ-104 Totals Units $ Quarter 1 Selling Price LA $ LA Total Sales Units SHI SHERIDAN ELECTRONICS INC. Sales Budget LA $ Quarter 2 Selling Price LA Total Sales
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