Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pharoah electronics inc. produces and sells two mo

Pharoah Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The...

50.1K

Verified Solution

Question

Accounting

Pharoah Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The calculators sell for $7 and $5, respectively. Because of the intense competition Pharoah faces, management budgets sales annually. Its projections for the four quarters of 2022 are as follows:
\table[[,Unit Sales],[Product,Quarter 1,Quarter 2,Quarter 3,Quarter 4],[Deluxe,9,800,15,100,29,400,25,200],[Standard,15,200,19,800,25,000,29,700]]
Prepare a sales budget for the four quarters ending December 31,2022. For each quarter and for the 12 months, indicate the number of units, selling price, and total sales for each product and in total.
PHAROAHELECTRONICSINC.
Sales Budget
For the year ending December 31,2022
Quarter
1
2
3
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

True or False 1.  Chromosomecan be thought of as the more highly condensed form of DNAthat is seen...

Biology
Q

For a solution of Ni2+ and ethylenediamine, the following equilibrium constants apply at 20° C: Ni2+...

Chemistry
Q

State the Bragg’s law and how it is used for X-ray analysis. State the advantages of...

Mechanical Engineering
Q

Explain the concept of modulation. b-) Explain the reasons for the modulation. c-) Classify the modulation...

Electrical Engineering
Q

Given that P(B) = 0.50 and P(A and B) = 0.20, what must the P(AB)...

Geometry
Q

4 A researcher planning a survey of heads of households in a particular state has...

Statistics
Q

Solve the formula for the specified variable.V=ALT for A

Algebra
Q

Complete this question by entering your answers in the tabs below. What would be the...

Accounting
Q

Can you please help me solve the CCM (Cash on cash multiple), IRR after round...

Accounting
Q

Proceeds from Notes Payable On May 15, Franklin Co. borrowed cash from Dakota Bank by...

Accounting
Q

1. Classify the following as either a revenue expenditure (RE) or a capital expenditure (CE)...

Accounting
Q

(c) Examine the determinants of online Peer-to-Peer (P2P) lending. [11 marks]

Finance