Question: Exercise 23-2 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and xQ-104. The calculators sell for $14 and $25, respectively. Becaus
Exercise 23-2 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and xQ-104. The calculators sell for $14 and $25, respectively. Becaus projections for the first 2 quarters of 2017 are as follows Unit Sales Product Quarter 1 Quarter 2 xQ-103 XQ-104 22,960 13,200 26,170 16,930 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 t EDINGTON ELECTRONICS INC. Sales Budget Quarter 1 ing Price Quarter Selling Price Total Sales Product XQ-103 xQ-104 Totals Units Units Tot
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