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Sheridan Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $10 and $20, respectively. Because of the intense
Sheridan Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for $10 and $20, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 17,600 19,360 XQ-104 10,560 13,200 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. Quarter 1 Product Units Selling Price Total Sales XQ-103 $ $ XQ-104 Totals $ SHERIDAN ELECTRONICS INC. Sales Budget Quarter 2 Units Selling Price Total Sales $ $ $ Six Months Units Selling Price Total Sales $ $ $
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