Business, 15.04.2020 21:47 adammartinez12

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

XQ-103

20,000

22,000

XQ-104

12,000

15,000

No changes in selling prices are anticipated.

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.

Answers: 2

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Answer from: MsTasha06

The preparation of Sales budget for Product XQ-103 and Product XQ-104 is shown below:-

Explanation:

The preparation of Sales budget for Product XQ-103 and Product XQ-104 is shown below:-

1. For Product XQ-103

Sales Budget

Product XQ-103

Quarter 1 Quarter 2 Six Month

Expected Unit Sale 20,000 22,000 42,000

Unit Selling Price $15 $15 $15

Total Sales $300,000 $330,000 $630,000

2. For Product XQ-104

Sales Budget

Product XQ-104

Quarter 1 Quarter 2 Six Month

Expected Unit Sale 12,000 15,000 27,000

Unit Selling Price $25 $25 $25

Total Sales $300,000 $375,000 $675,000

Total Sales Budget

Product XQ-103 and Product XQ-104

Product XQ-103 Product XQ-104 Total

Six Month Six Month

42,000 27,000 69,000

$630,000 $675,000 $1,305,000

Answer from: Quest

True i took the test already

Answer from: Quest

u = 30

continuing your method

$\frac{1}{10}$ = $\frac{1}{u}$ + $\frac{1}{15}$

subtract $\frac{1}{15}$ from both sides

$\frac{1}{u}$ = $\frac{1}{10}$ - $\frac{1}{15}$ thus

$\frac{1}{u}$ = $\frac{3}{30}$ - $\frac{2}{30}$

$\frac{1}{u}$ = $\frac{1}{30}$ ⇒ u = 30

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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. Th...

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