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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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 2017 are as follows.
| Â | Â | Unit Sales | ||
| Product | Â | Quarter 1 | Â | Quarter 2 |
| XQ-103 | Â | 20,000 | Â | 22,000 |
| XQ-104 | Â | 12,000 | Â | 15,000 |
No changes in selling prices are anticipated.
Prepare a sales budget for the 2 quarters ending June 30, 2017. 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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