Sales Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: First quarter, 20Y1 S12L7 800 2,200 Second quarter, 20Y1 Third quarter, 20Y1 Fourth quarter, 20Y1 First quarter, 20Y2 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required: 5,600 4,600 S12L5 900 1,300 1,400 5,300 3,900 1,200 1. Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer.

for $300. Projected sales (number of speakers) for the coming five quarters are as follows: The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required: 1. Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer. 1. Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total for each time period. Do not include a multiplication symbol as part of your answer. How will Stlllwater Designs use this sales budget? 1. Stillwater Designs will use the sales budget in planning as the basis for the production budget. 2. The company can also compare actual sales against the budget to see if expectations were achieved. 3. Both 1 and 2 4. None of the above