Total sales by product

Assignment Help Accounting Basics
Reference no: EM13524358

Zeller 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 Zeller faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows.

Unit Sales

Product Quarter 1 Quarter 2
XQ- 103 20,000 25,000
XQ-104 12,000 15,000

No changes in selling prices are anticipated.

Complete the sales budget for the 2 quarters ending June 30, 2010. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.

ZELLER ELECTRONICS INC.
Sales Budget

For the Six Months Ending June 30, 2010

Quarter 1
Product Units Selling Price Total Sales
XQ-103 $ $
XQ-104

Totals

$

Quarter 2
XQ-103 $ $
XQ-104

Totals

$

Six Months
XQ-103 $ $
XQ-104

Totals

Reference no: EM13524358

Questions Cloud

Calculate the cost of the ending inventory : Calculate the cost of the ending inventory using the FIFO, LIFO, and weighted average cost methods.
Determine how long is the ball in flight : A ball is thrown from the top of a building upward at an angle of 35? to the horizontal and with an initial speed of 15 m/s. How long is the ball in flight
Determine the electric energy density between the plates : Find the electric energy density between the plates of a 225-muF parallel-plate capacitor. The potential difference between the plates is 385V
What were dividends per share paid by the firm : What were dividends per share paid by the firm in 2010 - Record your answer rounded to the nearest cent.
Total sales by product : List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
What is the net force in unit-vector notation : If a 1.00 kg body has an acceleration of 8.29 m/s2 at 79° to the positive direction of the x axis, what is the net force in unit-vector notation
What is the annual coupon rate on this bond : The current price of a 10-year, $1,000 par value bond is $1,158.91. Interest on this bond is paid every six months, and the simple annual yield is 14 percent. Given these facts, what is the annual coupon rate on this bond?
Find her velocity when her feet hit the water : A swimmer bounces straight up from a diving board and falls feet first into a pool. She starts with a velocity of 4.00 m/s, and her takeoff point is 1.50 m above the pool. What is her velocity when her feet hit the water
Determine the cost of goods manufactured : The Zoe Corporation has the information for the month March. Determine the cost of goods manufactured, and (b) cost of goods sold.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd