Edington Electronics Inc. produces and sells two models of calculators, XQ-103 and XQ-104. The calculators sell for
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Edington Electronics Inc. produces and sells two models of 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 2025 are as follows.
No changes in selling prices are anticipated.
InstructionsPrepare a sales budget for the 2 quarters ending June 30, 2025. List the products and show units, selling price, and total sales by product and in total for each quarter and for the 6 months.
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9781119791058
8th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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