Prepare a sales budget for 2 quarters Exercise 1 Trusler Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The sell for calculators $14.00 and $26.00 respectively. Because of the intense competition Trusler faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Unit Sales Quarter 1 21,000 13,000 Product Quarter 2 26,000 16,000 ХО-103 ХО-104 No changes in selling prices are anticipated. Instructions: Prepare a sales budget for the 2 quarters ending June 30, 2022 using the below budget table. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.

Prepare a sales budget for 2 quarters Exercise 1 Trusler Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The sell for calculators $14.00 and $26.00 respectively. Because of the intense competition Trusler faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2022 are as follows. Unit Sales Quarter 1 21,000 13,000 Product Quarter 2 26,000 16,000 ХО-103 ХО-104 No changes in selling prices are anticipated. Instructions: Prepare a sales budget for the 2 quarters ending June 30, 2022 using the below budget table. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.

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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