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Sheffield Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 and $27, respectively. Because of the

Sheffield Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 and $27, respectively. Because of the intense competition Sheffield faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2017 are as follows.

Unit Sales

Product

Quarter 1

Quarter 2

XQ-103 21,580 26,900
XQ-104 14,840 16,200

No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.

SHEFFIELD ELECTRONICS INC. Sales Budget choose the accounting period For the Six Months Ending June 30, 2017June 30, 2017For the Quarter Ending June 30, 2017

Quarter 1

Quarter 2

Six Months

Product

Units

Selling Price

Total Sales

Units

Selling Price

Total Sales

Units

Selling Price

Total Sales

XQ-103

enter a number of units

$enter a dollar amount

$enter a dollar amount

enter a number of units

$enter a dollar amount

$enter a dollar amount

enter a number of units

$enter a dollar amount

$enter a dollar amount

XQ-104

enter a number of units enter a dollar amount enter a dollar amount enter a number of units enter a dollar amount enter a dollar amount enter a number of units enter a dollar amount enter a dollar amount

Totals

enter a total number of units $enter a total dollar amount enter a total number of units $enter a total dollar amount enter a total number of units $enter a total dollar amount

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