Business
Business, 07.05.2021 01:20, 24lbriscoe

Exercise 22-02 (Video) Sheridan 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 Sheridan faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ-103 21,500 26,710 XQ-104 14,940 16,410 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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Exercise 22-02 (Video) Sheridan Electronics Inc. produces and sells two models of pocket calculators...

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