Refer to the information regarding Stillwater Designs above.
Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $ 475, and the S12L5 sells for $ 300. Projected sales (number of speakers) for the coming five quarters are as follows:

The vice president of sales believes that the projected sales are realistic and can be achieved by the company.
Required:
1. Prepare a sales budget for each quarter of 2012 and for the year in total. Show sales by product and in total for each time period.
2. How will Stillwater Designs use this sales budget?

Transcribed Image Text:

S1217S12L5 First quarter, 2012 Second quarter, 2012 Third quarter, 2012 Fourth quarler, 201 800 2,200 5,600 4,600 900 1,300 1,400 5,300 3,900 1,200 First quarter, 2013