Forecast Sales Volume and Sales Budget

For 20Y6, Raphael Frame Company prepared the sales budget that follows.

At the end of December 20Y6, the following unit sales data were reported for the year:

	Unit Sales
	8" 10" Frame		12" 16" Frame
East	24,856		12,180
Central	5,814		2,744
West	5,088		1,957

Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y6
Product and Area		Unit Sales Volume		Unit Selling Price		Total Sales
8" 10" Frame:
East		23,900		$35		$836,500
Central		5,700		35		199,500
West		5,300		35		185,500
Total		34,900				$1,221,500
12" 16" Frame:
East		11,600		$36		$417,600
Central		2,800		36		100,800
West		1,900		36		68,400
Total		16,300				$586,800
Total revenue from sales						$1,808,300

For the year ending December 31, 20Y7, unit sales are expected to follow the patterns established during the year ending December 31, 20Y6. The unit selling price for the 8" 10" frame is expected to increase to $36 and the unit selling price for the 12" 16" frame is expected to increase to $38, effective January 1, 20Y7.

Required:

1. Compute the increase or decrease of actual unit sales for the year ended December 31, 20Y6, over budget. Use the minus sign to indicate a decrease in amount and percent. Round percents to the nearest whole percent.

		Unit Sales, Year Ended 20Y6				Increase (Decrease) Actual Over Budget
		Budget		Actual Sales		Amount	Percent
8" 10" Frame:
	East	fill in the blank 4f7e9af6607e04c_1		fill in the blank 4f7e9af6607e04c_2		fill in the blank 4f7e9af6607e04c_3	fill in the blank 4f7e9af6607e04c_4%
	Central	fill in the blank 4f7e9af6607e04c_5		fill in the blank 4f7e9af6607e04c_6		fill in the blank 4f7e9af6607e04c_7	fill in the blank 4f7e9af6607e04c_8%
	West	fill in the blank 4f7e9af6607e04c_9		fill in the blank 4f7e9af6607e04c_10		fill in the blank 4f7e9af6607e04c_11	fill in the blank 4f7e9af6607e04c_12%
12" 16" Frame:
	East	fill in the blank 4f7e9af6607e04c_13		fill in the blank 4f7e9af6607e04c_14		fill in the blank 4f7e9af6607e04c_15	fill in the blank 4f7e9af6607e04c_16%
	Central	fill in the blank 4f7e9af6607e04c_17		fill in the blank 4f7e9af6607e04c_18		fill in the blank 4f7e9af6607e04c_19	fill in the blank 4f7e9af6607e04c_20%
	West	fill in the blank 4f7e9af6607e04c_21		fill in the blank 4f7e9af6607e04c_22		fill in the blank 4f7e9af6607e04c_23	fill in the blank 4f7e9af6607e04c_24%

2. Assuming that the increase or decrease in actual sales to budget indicated in part (1) is to continue in 20Y7, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 20Y7. Use the minus sign to indicate a decrease in percent. Round budgeted units to the nearest whole unit.

		20Y6 Actual Units		Percentage Increase (Decrease)	20Y7 Budgeted Units (rounded)
8" 10" Frame:
	East	fill in the blank 4f7e9af6607e04c_25		fill in the blank 4f7e9af6607e04c_26%	fill in the blank 4f7e9af6607e04c_27
	Central	fill in the blank 4f7e9af6607e04c_28		fill in the blank 4f7e9af6607e04c_29%	fill in the blank 4f7e9af6607e04c_30
	West	fill in the blank 4f7e9af6607e04c_31		fill in the blank 4f7e9af6607e04c_32%	fill in the blank 4f7e9af6607e04c_33
12" 16" Frame:
	East	fill in the blank 4f7e9af6607e04c_34		fill in the blank 4f7e9af6607e04c_35%	fill in the blank 4f7e9af6607e04c_36
	Central	fill in the blank 4f7e9af6607e04c_37		fill in the blank 4f7e9af6607e04c_38%	fill in the blank 4f7e9af6607e04c_39
	West	fill in the blank 4f7e9af6607e04c_40		fill in the blank 4f7e9af6607e04c_41%	fill in the blank 4f7e9af6607e04c_42

3. Prepare a sales budget for the year ending December 31, 20Y7.

Raphael Frame Company
Sales Budget
For the Year Ending December 31, 20Y7
Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
8" 10" Frame:
East	fill in the blank 5d134dfeb01ffd3_1	$fill in the blank 5d134dfeb01ffd3_2	$fill in the blank 5d134dfeb01ffd3_3
Central	fill in the blank 5d134dfeb01ffd3_4	fill in the blank 5d134dfeb01ffd3_5	fill in the blank 5d134dfeb01ffd3_6
West	fill in the blank 5d134dfeb01ffd3_7	fill in the blank 5d134dfeb01ffd3_8	fill in the blank 5d134dfeb01ffd3_9
Total	fill in the blank 5d134dfeb01ffd3_10		$fill in the blank 5d134dfeb01ffd3_11
12" 16" Frame:
East	fill in the blank 5d134dfeb01ffd3_12	$fill in the blank 5d134dfeb01ffd3_13	$fill in the blank 5d134dfeb01ffd3_14
Central	fill in the blank 5d134dfeb01ffd3_15	fill in the blank 5d134dfeb01ffd3_16	fill in the blank 5d134dfeb01ffd3_17
West	fill in the blank 5d134dfeb01ffd3_18	fill in the blank 5d134dfeb01ffd3_19	fill in the blank 5d134dfeb01ffd3_20
Total	fill in the blank 5d134dfeb01ffd3_21		$fill in the blank 5d134dfeb01ffd3_22
Total revenue from sales			$fill in the blank 5d134dfeb01ffd3_23