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.

Instructions

Prepare a 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.