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Sandhill Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, respectively. Because of the
Sandhill Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, respectively. Because of the intense competition Sandhill faces, management budgets sales semiannually.
Its projections for the first 2 quarters of 2020 are as follows.
Product | Quarter 1 | Quarter 2 |
---|---|---|
XQ-103 | 21430 | 27390 |
XQ-104 | 14240 | 17330 |
No changes in selling prices are anticipated.
Prepare a sales budget for the 2 quarters ending June 30, 2020. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
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