Question
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 | fill in the blank db6d9ffa5fa006a_1 | $fill in the blank db6d9ffa5fa006a_2 | $fill in the blank db6d9ffa5fa006a_3 |
| Southwest Region | fill in the blank db6d9ffa5fa006a_4 | fill in the blank db6d9ffa5fa006a_5 | fill in the blank db6d9ffa5fa006a_6 |
| Total | fill in the blank db6d9ffa5fa006a_7 | $fill in the blank db6d9ffa5fa006a_8 | |
| Model S1000: | |||
| Northeast Region | fill in the blank db6d9ffa5fa006a_9 | $fill in the blank db6d9ffa5fa006a_10 | $fill in the blank db6d9ffa5fa006a_11 |
| Southwest Region | fill in the blank db6d9ffa5fa006a_12 | fill in the blank db6d9ffa5fa006a_13 | fill in the blank db6d9ffa5fa006a_14 |
| Total | fill in the blank db6d9ffa5fa006a_15 | $fill in the blank db6d9ffa5fa006a_16 | |
| Total revenue from sales | $fill in the blank db6d9ffa5fa006a_17 | ||
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 | fill in the blank 48b130063fdaf95_1 | fill in the blank 48b130063fdaf95_2 |
| Plus desired inventory, June 30 | fill in the blank 48b130063fdaf95_4 | fill in the blank 48b130063fdaf95_5 |
| Total | fill in the blank 48b130063fdaf95_6 | fill in the blank 48b130063fdaf95_7 |
| Less estimated inventory, June 1 | fill in the blank 48b130063fdaf95_9 | fill in the blank 48b130063fdaf95_10 |
| Total units to be produced | fill in the blank 48b130063fdaf95_11 | fill in the blank 48b130063fdaf95_12 |
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
