Question: Exercise 24-02 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, respectively. Because

Exercise 24-02 Edington Electronics Inc. produces and sells two models of

Exercise 24-02 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows Unit Sales Product XQ-103 xQ-104 Quarter 1 Quarter 2 21,430 14,240 27,390 17,330 No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30, 2020. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total EDINGTON ELECTRONICS INC. Sales Budget Quarter 1 Quarter2 Six Months Product Units Selling Price Total Sales Units Selling Price Total Sales Units Selling Price Total Sales xQ-103 XQ-104 Totals

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