Unit Sales Product Quarter 1 Quarter 2 EDINGTON ELECTRONICS INC. Sales Budget Fo
ID: 2505238 • Letter: U
Question
Unit Sales
Product
Quarter 1
Quarter 2
EDINGTON ELECTRONICS INC.
Sales Budget
For the Six Months Ending June 30, 2012
Quarter 1
Quarter 2
Six Months
Product
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
XQ-103
XQ-104
Totals
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $26, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2012 are as follows.Unit Sales
Product
Quarter 1
Quarter 2
XQ-103 22,630 27,060 XQ-104 13,590 16,450No changes in selling prices are anticipated.
Prepare a sales budget for the 2 quarters ending June 30, 2012. 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.
Sales Budget
For the Six Months Ending June 30, 2012
Quarter 1
Quarter 2
Six Months
Product
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
XQ-103
$
$
$
$
$
$
XQ-104
Totals
$
$
$
Explanation / Answer
EDINGTON ELECTRONICS INC.
Sales Budget
For the Six Months Ending June 30, 2012
Quarter 1
Quarter 2
Six Months
Product
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
XQ-103
22630
$13
$294190
27060
$13
$351780
49690
$13
$645970
XQ-104
13590
$26
$353340
16450
$26
$427700
30040
$26
$781040
Totals
36220
$647530
43510
$779480
79730
$1427010
EDINGTON ELECTRONICS INC.
Sales Budget
For the Six Months Ending June 30, 2012
Quarter 1
Quarter 2
Six Months
Product
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
Units
Selling Price
Total Sales
XQ-103
22630
$13
$294190
27060
$13
$351780
49690
$13
$645970
XQ-104
13590
$26
$353340
16450
$26
$427700
30040
$26
$781040
Totals
36220
$647530
43510
$779480
79730
$1427010
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.