E9-2 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 2014 are as follows. Unit Sales Product Quarter 1 Quarter 2 ХО-103 Хо-104 20,000 12,000 22,000 15,000 No changes in selling prices are anticipated. Instructions Prepare a sales budget for the 2 quarters ending June 30, 2014. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
E9-2 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 2014 are as follows. Unit Sales Product Quarter 1 Quarter 2 ХО-103 Хо-104 20,000 12,000 22,000 15,000 No changes in selling prices are anticipated. Instructions Prepare a sales budget for the 2 quarters ending June 30, 2014. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6CE
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Question
![E9-2 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 2014 are as follows.
Unit Sales
Product
Quarter 1
Quarter 2
ХО-103
хо-104
20,000
12,000
22,000
15,000
No changes in selling prices are anticipated.
Instructions
Prepare a sales budget for the 2 quarters ending June 30, 2014. List the products and show for
each quarter and for the 6 months, units, selling price, and total sales by product and in total.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F879a893b-a6bd-47d9-be9b-af9f247841c5%2F9c3a5bfc-101d-41f0-959a-179bc0a540b9%2Fuag8ojv_processed.png&w=3840&q=75)
Transcribed Image Text:E9-2 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 2014 are as follows.
Unit Sales
Product
Quarter 1
Quarter 2
ХО-103
хо-104
20,000
12,000
22,000
15,000
No changes in selling prices are anticipated.
Instructions
Prepare a sales budget for the 2 quarters ending June 30, 2014. List the products and show for
each quarter and for the 6 months, units, selling price, and total sales by product and in total.
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