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Strum Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Claire Strum, the companys

Strum Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Claire Strum, the companys sales manager, prepared the following sales forecast for 2015. The forecasted sales prices include a 5 percent increase in the acoustic guitar price and a 10 percent increase in the electric guitar price, to cover anticipated increases in raw materials prices.

Sales Price

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Acoustic guitar sales

$1,290

400

540

390

660

Electric guitar sales

$2,580

290

110

130

130

Prepare Strums sales budget for 2015.

Sales Budget

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Annual

Acoustic:

$

$

$

$

$

$

$

$

$

$

Electric:

$

$

$

$

$

$

$

$

$

$

Total revenue

$

$

$

$

$

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