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Sheffield Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense
Sheffield Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows.
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.
\begin{tabular}{|c|c|c|} \hline & \multicolumn{2}{|c|}{ Unit Sales } \\ \hline Product & Quarter 1 & Quarter 2 \\ \hlineXQ1C & 26,000 & 28,600 \\ \hline XQ-104 & 15,600 & 19,5 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & & & & & ONTCS INC. & & & & \\ \hline & & Quart: & & & Quarte & & & SIX Months & \\ \hline Product & Units & Selling Price & Total Sales & Units & Selling Price & Total Sales & \begin{tabular}{l} Units \\ \end{tabular} & Selling Price & Total Sales \\ \hline & & s & s & & 4 & & & & \\ \hlinexQ:=04 & . & & + & & & & & & \\ \hline Toxals & & & s & & & $ & & & $ \\ \hline \end{tabular}Step by Step Solution
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