E9-2 Edington Electronics Inc. produces and sells two models of pocket XO-103 an
ID: 2402868 • Letter: E
Question
E9-2 Edington Electronics Inc. produces and sells two models of pocket XO-103 and X0-104. The calculators calculato sell for $15 and $25, respectively. Because of get for intense competiton Edington faces management budgets sales semiannually. Its proth tions for the first 2 quarters of 2017 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 XQ-104 20,000 12,000 22,000 15,000 No changes in selling prices are anticipated. Instructions Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter in total. and for the 6 months, units, selling price, and total sales by product andExplanation / Answer
ANS
PRODUCT QUARTER 1 QUARTER2 SIX MONTHS
UNIT PRICE TOTAL SALES UNIT PRICE TOTAL SALES UNIT PRICE TOTAL SALES
XQ-103 20000 $15 $300000 22000 $15 $330000 42000 $15 $630000
XQ-104 12000 $25 $300000 15000 $25 $375000 27000 $25 $675000
TOTAL 32000 $600000 37000 $705000 69000 $1305000
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