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Bass Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June. U500 S1000 Estimated inventory
Bass Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June.
U500 | S1000 | ||
Estimated inventory (units), June 1 | 12,500 | 5,000 | |
Desired inventory (units), June 30 | 15,000 | 7,500 | |
Expected sales volume (units): | |||
Northeast Region | 70,000 | 50,000 | |
Southwest Region | 80,000 | 62,500 | |
Unit sales price | $45 | $80 |
a. Prepare a sales budget. Enter all amounts as positive numbers.
BASS AUDIO COMPANY | |||
Sales Budget | |||
For the Month Ending June 30 | |||
Product and Area | Unit Sales Volume | Unit Selling Price | Total Sales |
Model U500: | |||
Northeast Region | $ | $ | |
Southwest Region | |||
Total | $ | ||
Model S1000: | |||
Northeast Region | $ | $ | |
Southwest Region | |||
Total | $ | ||
Total revenue from sales | $ |
Feedback
a. For each region and each model, multiply unit sales volume by unit selling price.
b. Prepare a production budget.
BASS AUDIO COMPANY | ||
Production Budget | ||
For the Month Ending June 30 | ||
U500 | S1000 | |
Expected units to be sold | ||
Plus desired inventory, June 30 | ||
Total | ||
Less estimated inventory, June 1 | ||
Total units to be produced |
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