Soles Budget Assume that Stilwater Designs produces two automotive subwooters: 51217 and $121.5. The $1217 selis for $613, and the $1215 sells for $387, 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: Prepare a sales budget for each quarter of 20r1 and for the vear in total. Show sales by product and in total for each time period, Do not include a multiplication symbot as part of your answer. Prepare a sales budget for each quarter of 20Y1 and for the year in total. Show sales by product and in total far each time period, Do not include a multiplication symbol as port of your answer. How will Stillwater Designs use this sales budget? 1. Stillwater Designs will use the saies budget in planning as the basis for the production budget. 2. The company can aiso compare actual sales against the budget to see if expectations were ochieved. 3. Both 1 and 2 . 4. None of the above