Answer and Explanation:
The computation of percent of annual net sales generated each quarter by Company A and B is shown below:-
First Second Third Fourth
Quarter Quarter Quarter Quarter
a. Company A annual
net sales percentage 24% 23% 26% 27%
($186,111 ÷ $780,326) ($177,537 ÷ $780,326) ($203,070 ÷ $780,326) (213,608 ÷ $780,326)
b. Company B annual
net sales percentage 16% 15% 26% 43%
($84,896 ÷ $546,165) ($83,796 ÷ $546,165) ($142,137 ÷ $546,165) ($235,336 ÷ $546,165)
So, for computing the percent of annual net sales generated each quarter by Company A and B we simply divide the Net sales of every quarter by Net sales of Year same for Company B.