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Pharoah Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The...

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Accounting

Pharoah Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The calculators sell for $7 and $5, respectively. Because of the intense competition Pharoah faces, management budgets sales annually. Its projections for the four quarters of 2022 are as follows:
\table[[,Unit Sales],[Product,Quarter 1,Quarter 2,Quarter 3,Quarter 4],[Deluxe,9,800,15,100,29,400,25,200],[Standard,15,200,19,800,25,000,29,700]]
Prepare a sales budget for the four quarters ending December 31,2022. For each quarter and for the 12 months, indicate the number of units, selling price, and total sales for each product and in total.
PHAROAHELECTRONICSINC.
Sales Budget
For the year ending December 31,2022
Quarter
1
2
3
image

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