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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The...

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Accounting

Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2014 are as follows.

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