Sheffield Electronics Inc. produces and sells two models of 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 2022 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 XQ-104 Product No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30, 2022. list the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. XQ-103 XQ-104 26,000 15,600 Totals 28.600 19.500 Units $ Quarter 1 Selling Price Total Sales Units
Sheffield Electronics Inc. produces and sells two models of 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 2022 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 XQ-104 Product No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30, 2022. list the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. XQ-103 XQ-104 26,000 15,600 Totals 28.600 19.500 Units $ Quarter 1 Selling Price Total Sales Units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Sheffield Electronics Inc. produces and sells two models of 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 2022 are as follows.
Unit Sales
Product Quarter 1 Quarter 2
XQ-103
XQ-104
Product
No changes in selling prices are anticipated
Prepare a sales budget for the 2 quarters ending June 30, 2022. List the products and show for each quarter and for the 6 months,
units, selling price, and total sales by product and in total.
XQ-103
XQ-104
26,000
15,600
Totals
28.600
19.500
Units
$
Quarter 1
Selling Price
Total Sales
Units
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