Crane Electronics Inc. produces and sells two models of pocket calculators, XO-103 and XQ-104. The...
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Crane Electronics Inc. produces and sells two models of pocket calculators, XO-103 and XQ-104. The calculators sell for $14 and $26, respectively. Because of the intense competition Crane faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Product XQ-103 XQ-104 Unit Sales Quarter 1 Quarter 2 22,500 28,000 14,090 16,080 No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30,2020. 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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