Exercise 13-2 Pina Electronics Inc. produces and sells two models of pocket calc

Question

Exercise 13-2 Pina Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $12 and $25, respectively. Because of the intense competition Pina faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2017 are as follows Unit Sales Product Quarter 1 Quarter 2 XQ-103 21,220 XQ-10414,950 27,660 17,170 No changes in selling prices are anticipated Prepare a sales budget for the 2 quarters ending June 30, 2017. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. PINA ELECTRONICS INC. Sales Budget Quarter1 Quarter 2 Six Months Product Units Selling Price Total Sales Units Selling Price Total Sales Units Selling Price Total Sales XQ-103 XQ-104 Totals Click if you would like to Show Work for this question: Open Show Work

Explanation / Answer

Dear Student Thank you for using Chegg Pina Electronics Inc Please find below the answer Sales Budget Statementshowing Computations Q1 Q2 Six Months Product Units   Selling price Total Sales Units   Selling price Total Sales Units   Selling price Total Sales XQ - 103        21,220.00                12.00      254,640.00        27,660.00                12.00      331,920.00        48,880.00                12.00        586,560.00 XQ - 104        14,950.00                25.00      373,750.00        17,170.00                25.00      429,250.00        32,120.00                25.00        803,000.00 Total        36,170.00      628,390.00        44,830.00      761,170.00        81,000.00    1,389,560.00

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.