The company produces both acoustic and electric


Problem- (Part Level Submission) Strum Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musicians. Claire Strum, the company's sales manager, prepared the following sales forecast for 2015. The forecasted sales prices include a 5 percent increase in the acoustic guitar price and a 10 percent increase in the electric guitar price, to cover anticipated increases in raw materials prices.

Sales Price 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Acoustic guitar sales $1,280 400 500 300 690
Electric guitar sales $2,570 220 140 190 130

Prepare Strum's sales budget for 2015.

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Accounting Basics: The company produces both acoustic and electric
Reference No:- TGS02607157

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