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

Sunland Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Vanessa Aaron, the companys sales manager, prepared the following sales forecast for 2018. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% 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 $1,270 190 250 310 310
Electric guitar sales $2,400 420 360 320 360

Prepare Sunlands sales budget for 2018.

Sales Budget

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Annual

Acoustic:
Budgeted revenueBudgeted units soldBudgeted sales price
Budgeted sales priceBudgeted units soldBudgeted revenue

$

$

$

$

$

Budgeted units soldBudgeted sales priceBudgeted revenue

$

$

$

$

$

Electric:
Budgeted revenueBudgeted sales priceBudgeted units sold
Budgeted units soldBudgeted sales priceBudgeted revenue $ $ $ $ $
Budgeted sales priceBudgeted revenueBudgeted units sold $ $ $ $ $
Total revenue

$

$

$

$

$

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