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A company produces and sells twò models of product X: X1 and X2. The selling price of X1 is 15 € and X2 is 25 €. The management budgets sales semiannually. Its projeotion for the first 2 quarters of year 20xx are as follows: Unit sales Product Quarter 1 Quarter 2 X1 20 000 22 000 X2 15 000 12 000 No cahnges in selling prices are anticipated. The task: Prepare a sales budget for the 2 quarters ending June 30, 20xx. List the products and show for each quarter and the 6 months, units, selling price, and total sales by product and in total.

A company produces and sells twò models of product X: X1 and X2. The selling price of X1 is 15 € and X2 is 25 €. The management budgets sales semiannually. Its projeotion for the first 2 quarters of year 20xx are as follows: Unit sales Product Quarter 1 Quarter 2 X1 20 000 22 000 X2 15 000 12 000 No cahnges in selling prices are anticipated. The task: Prepare a sales budget for the 2 quarters ending June 30, 20xx. List the products and show for each quarter and the 6 months, units, selling price, and total sales by product and in total.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company produces and sells twò models of product X: X1 and X2. The selling price of X1 is 15 € and X2 is 25 €. The management budgets sales semiannually. Its projection for the first 2 quarters of year 20xx are as follows: Unit sales Product Quarter 1 Quarter 2 X1 20 000 22 000 X2 15 000 12 000 No cahnges in selling prices are anticipated. The task: Prepare a sales budget for the 2 quarters ending June 30, 20xx. List the products and show for each quarter and the 6 months, units, selling price, and total sales by product and in total.
Transcribed Image Text:A company produces and sells twò models of product X: X1 and X2. The selling price of X1 is 15 € and X2 is 25 €. The management budgets sales semiannually. Its projection for the first 2 quarters of year 20xx are as follows: Unit sales Product Quarter 1 Quarter 2 X1 20 000 22 000 X2 15 000 12 000 No cahnges in selling prices are anticipated. The task: Prepare a sales budget for the 2 quarters ending June 30, 20xx. List the products and show for each quarter and the 6 months, units, selling price, and total sales by product and in total.
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