Cohen Sounds 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 2014 and for the year in total. Show sales by product and in total for each time period.
2. How will Cohen Sounds use this sales budget?

Transcribed Image Text:

SILL7 S12L5 1,300 1,400 5,300 3,900 1,200 First quarter, 2014 Second quarter, 2014 Third quarter, 2014 Fourth quarter, 2014 First quarter, 2015 800 2,200 5,600 4,600 900