Question

WOULD YOU CHECK MY ANSWERS BELOW TO SEE IF CORRECT???????

Forecast Sales Volume and Sales Budget

For 20Y8, Raphael Frame Company prepared the sales budget that follows.

At the end of December 20Y8, the following unit sales data were reported for the year:

	Unit Sales
	8" × 10" Frame		12" × 16" Frame
East	8,755		3,686
Central	6,510		3,090
West	12,348		5,616

Raphael Frame Company Sales Budget For the Year Ending December 31, 20Y8
Product and Area		Unit Sales Volume		Unit Selling Price		Total Sales
8" × 10" Frame:
East		8,500		$16		$136,000
Central		6,200		16		99,200
West		12,600		16		201,600
Total		27,300				$436,800
12" × 16" Frame:
East		3,800		$30		$114,000
Central		3,000		30		90,000
West		5,400		30		162,000
Total		12,200				$366,000
Total revenue from sales						$802,800

For the year ending December 31, 20Y9, unit sales are expected to follow the patterns established during the year ending December 31, 20Y8. The unit selling price for the 8" × 10" frame is expected to increase to $17 and the unit selling price for the 12" × 16" frame is expected to increase to $32, effective January 1, 20Y9.

1. Compute the increase or decrease of actual unit sales for the year ended December 31, 20Y8, over budget. Enter any decreases beginning with a minus (-) sign Unit Sales, Increase (Decrease) Year Ended 20Y8 Actual Over Budget Budget Actual Sales Amount Percent 8" x 10" Frame: East 8,500 8,755 255 3 % Central 6,200 6,510 310 5 % West 12,600 12,348 -252 -2. 12" x 16" Frame: 3,800 East 3,686 -114 -3 % Central 3,000 3,090 90 3 % West 5,400 5,616 216 %

Answer 1

Yes, the solution given in the question is absolutely correct. The reason behind such answer is that proper calculation has been done in respect of increase or decrease in the figures of sales units regarding actual and budgeted figures of 20Y8. After that, the increase or decrease percentage has been duly worked out and thereafter applied to the actual figures of 20Y8 to arrive at the budgeted sales figures for 20Y9. Also, while preparing the sales budget for 20Y9, revised selling prices of both types of frames have been properly taken into account to finally arrive at the figure of budgeted sales revenue for 20Y9.

Answer 2

My question is how did you get 9018, 6836 etc for the budgeted units? I’ve got the same assignment (different numbers) and I’m stuck on that part