Problem D5-31 Simmons Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Vanessa Aaron, the company's sales manager, prepared the following sales forecast for 2018. 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. Sales Price 2nd Quarter 4th Quarter 325 360 3rd Quarter $1,250 $2,400 1st Quarter 200 400 280 Acoustic guitar sales Electric guitar sales 300 350 320 Prepare Simmons's sales budget for 2018 Sales Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarte Annual Acoustic: Electric: Total revenue