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Bonita Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars...

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Accounting

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Bonita Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Jennifer Davis, the company's sales manager, prepared the following sales forecast for 2022. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices. Acoustic guitar sales Electric guitar sales Sales Price $1,250 $2,050 1st Quarter 230 400 2nd Quarter 290 350 3rd Quarter 320 320 4th Quarter 340 360 Prepare Bonita's sales budget for 2022. Sales Budget 3rd Quarter 1st Quarter 2nd Quarter Acoustic: + $ $ $ $ $ $ $ Electric: 1 $ $ $ $ + + $ $ $ $ $ $ $ $ Total revenue $ $ Prepare Bonita's sales budget for 2022. Sales Budget 3rd Quarter 2nd Quarter Annual 4th Quarter $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

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