please show steps, find the 1st ,2nd 3rd and 4th quarter for each part as well and the annual
Current Attempt in Progress Swifty Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Patricia Johnson, the company's sales manager, prepared the following sales forecast for 2022. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices. 2nd Quarter Sales Price $1,200 $2,150 1st Quarter 200 4th Quarter 350 Acoustic guitar sales Electric guitar sales 280 3rd Quarter 320 320 400 350 360 Dronare Swifty'scales budget for 2022 Prepare Swifty's sales budget for 2022. Sales Budget 3rd Quarter 1st Quarter 2nd Quarter Acoustic: - $ $ $ $ $ $ $ $ Electric: $ $ $ $ $ $ $ $ Total revenue $ $ $ e Textbook and Media Prepare Swifty's sales budget for 2022. Sales Budget 3rd Quarter 2nd Quarter 4th Quarter Annual $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ e Textbook and Media On December 31, 2021, Swifty had 30 acoustic guitars in stock-fewer than the desired inventory level of 80 guitars, based on the following quarter's sales. The company has budgeted for sales of 240 acoustic guitars in the first quarter of 2023. Prepare the 2022 production budget for acoustic guitars. Production Budget 2nd Quarter 3rd Quarter 1st Quarter On December 31, 2021, Swifty had 30 acoustic guitars in stock-fewer than the desired inventory level of 80 guitars, based on the following quarter's sales. The company has budgeted for sales of 240 acoustic guitars in the first quarter of 2023. Prepare the 2022 production budget for acoustic guitars. Production Budget 2nd Quarter 3rd Quarter arter 4th Quarter Annual Each acoustic guitar requires a maple neck blank, which Swifty purchases for $45. On December 31, 2021, Swifty had 200 neck blanks in inventory. The production process results in a standard quantity of 1 neck per acoustic guitar. Because of recent delivery problems, Swifty wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Swifty that the delivery issues will be resolved by the end of December, Swifty wants only 150 neck blanks in inventory on December 31, 2022. Prepare the purchases budget for neck blanks for 2022. Purchases Budget 2nd Quarter 1st Quarter 3rd Quarter $ $ $ $ $ $ Each acoustic guitar requires a maple neck blank, which Swifty purchases for $45. On December 31, 2021, Swifty had 200 neck blanks in inventory. The production process results in a standard quantity of 1 neck per acoustic guitar. Because of recent delivery problems, Swifty wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Swifty that the delivery issues will be resolved by the end of December, Swifty wants only 150 neck blanks in inventory on December 31, 2022. Prepare the purchases budget for neck blanks for 2022. Purchases Budget 2nd Quarter 3rd Quarter 4th Quarter Annual $ $ $ $ $ $ Current Attempt in Progress Swifty Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Patricia Johnson, the company's sales manager, prepared the following sales forecast for 2022. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices. 2nd Quarter Sales Price $1,200 $2,150 1st Quarter 200 4th Quarter 350 Acoustic guitar sales Electric guitar sales 280 3rd Quarter 320 320 400 350 360 Dronare Swifty'scales budget for 2022 Prepare Swifty's sales budget for 2022. Sales Budget 3rd Quarter 1st Quarter 2nd Quarter Acoustic: - $ $ $ $ $ $ $ $ Electric: $ $ $ $ $ $ $ $ Total revenue $ $ $ e Textbook and Media Prepare Swifty's sales budget for 2022. Sales Budget 3rd Quarter 2nd Quarter 4th Quarter Annual $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ e Textbook and Media On December 31, 2021, Swifty had 30 acoustic guitars in stock-fewer than the desired inventory level of 80 guitars, based on the following quarter's sales. The company has budgeted for sales of 240 acoustic guitars in the first quarter of 2023. Prepare the 2022 production budget for acoustic guitars. Production Budget 2nd Quarter 3rd Quarter 1st Quarter On December 31, 2021, Swifty had 30 acoustic guitars in stock-fewer than the desired inventory level of 80 guitars, based on the following quarter's sales. The company has budgeted for sales of 240 acoustic guitars in the first quarter of 2023. Prepare the 2022 production budget for acoustic guitars. Production Budget 2nd Quarter 3rd Quarter arter 4th Quarter Annual Each acoustic guitar requires a maple neck blank, which Swifty purchases for $45. On December 31, 2021, Swifty had 200 neck blanks in inventory. The production process results in a standard quantity of 1 neck per acoustic guitar. Because of recent delivery problems, Swifty wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Swifty that the delivery issues will be resolved by the end of December, Swifty wants only 150 neck blanks in inventory on December 31, 2022. Prepare the purchases budget for neck blanks for 2022. Purchases Budget 2nd Quarter 1st Quarter 3rd Quarter $ $ $ $ $ $ Each acoustic guitar requires a maple neck blank, which Swifty purchases for $45. On December 31, 2021, Swifty had 200 neck blanks in inventory. The production process results in a standard quantity of 1 neck per acoustic guitar. Because of recent delivery problems, Swifty wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Swifty that the delivery issues will be resolved by the end of December, Swifty wants only 150 neck blanks in inventory on December 31, 2022. Prepare the purchases budget for neck blanks for 2022. Purchases Budget 2nd Quarter 3rd Quarter 4th Quarter Annual $ $ $ $ $ $
