Please help me fill in all the boxes. Edington Electronics Inc. produces and sel

Question

Please help me fill in all the boxes.

Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 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.

-- 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.

Edington Electronics Inc. produces and sells two models of pocket calculators, xQ-103 and XQ-104. The calculators sell for $14 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 XQ-103 XQ-104 uarter 1 uarter 2 22,970 14,430 27,690 17,750 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.

Explanation / Answer

Product Units Selling Price Total Sales Units Selling Price Total Sales Units Selling Price Total Sales XQ-103 22970 14 321580 27690 14 387660 50660 14 709240 XQ-104 14430 25 360750 17750 25 443750 32180 25 804500 Total 37400 682330 45440 831410 82840 1513740

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