Question & Answer: oC WileyPLUS dugen.wileyplus.com/edugen/lti/main.uni areer Op… New Administration, Old Ap… Get started -Google+blan…..

oC WileyPLUS dugen.wileyplus.com/edugen/lti/main.uni areer Op... New Administration, Old Ap... Get started -Google+blank PRINTER VERSION BACK Exercise 13-2 Edington Electronics Inc. produces and sells two models of pocket 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 2017 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 20,000 22,0oo XQ-104 12,000 15,000 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 total sales by product and in total. EDINGTON ELECTRONICS INC. Sales Budget Six Months Quarter 2 Quarter 1 Total Sales Units Selling Price Total Sales Units Selling Price Product Units Selling Price Total Sales xQ-103 XQ-104 Totals Click if you would like to Show Work for this question: Opan Show Wark 8:32

oC WileyPLUS dugen.wileyplus.com/edugen/lti/main.uni areer Op… New Administration, Old Ap… Get started -Google+blank PRINTER VERSION BACK Exercise 13-2 Edington Electronics Inc. produces and sells two models of pocket 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 2017 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 20,000 22,0oo XQ-104 12,000 15,000 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 total sales by product and in total. EDINGTON ELECTRONICS INC. Sales Budget Six Months Quarter 2 Quarter 1 Total Sales Units Selling Price Total Sales Units Selling Price Product Units Selling Price Total Sales xQ-103 XQ-104 Totals Click if you would like to Show Work for this question: Opan Show Wark 8:32

Expert Answer

 

EDINGTON ELECTRONICS INC.
Sales Budget
For the Six Months Ending June 30, 2017
Quarter 1 Quarter 2 Six Months
Product Units Selling price Total sales Units Selling price Total sales Units Selling price Total sales
XQ-103 20000 15 300000 22000 15 330000 42000 15 630000
XQ-104 12000 25 300000 15000 25 375000 27000 25 675000
Totals 32000 600000 37000 705000 69000 1305000

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