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

$