Business, 15.04.2020 21:47 adammartinez12

Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2014 are as follows.

Unit Sales

Product

Quarter 1

Quarter 2

XQ-103

20,000

22,000

XQ-104

12,000

15,000

No changes in selling prices are anticipated.

Prepare a sales budget for the 2 quarters ending June 30, 2014. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.

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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. Th...

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