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Sales and Production Budgets

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget:

	Rumble		Thunder
Estimated inventory (units), June 1	750		300
Desired inventory (units), June 30	500		250
Expected sales volume (units):
Midwest Region	12,000		3,500
South Region	14,000		4,000
Unit sales price	$60		$90

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a. Prepare a sales budget.

Sonic Inc. Sales Budget For the Month Ending June 30

Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Model: Rumble
Midwest Region	fill in the blank 9ec17602501d04b_1	$fill in the blank 9ec17602501d04b_2	$fill in the blank 9ec17602501d04b_3
South Region	fill in the blank 9ec17602501d04b_4	fill in the blank 9ec17602501d04b_5	fill in the blank 9ec17602501d04b_6
Total	fill in the blank 9ec17602501d04b_7		$fill in the blank 9ec17602501d04b_8
Model: Thunder
Midwest Region	fill in the blank 9ec17602501d04b_9	$fill in the blank 9ec17602501d04b_10	$fill in the blank 9ec17602501d04b_11
South Region	fill in the blank 9ec17602501d04b_12	fill in the blank 9ec17602501d04b_13	fill in the blank 9ec17602501d04b_14
Total	fill in the blank 9ec17602501d04b_15		$fill in the blank 9ec17602501d04b_16
Total revenue from sales			$fill in the blank 9ec17602501d04b_17

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b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Sonic Inc. Production Budget For the Month Ending June 30

	Units Rumble	Units Thunder
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
DepreciationDesired inventory, June 30Direct laborEstimated inventory, June 1Supervisor salaries	- Select -	- Select -
Total	fill in the blank 91404c08cfabfbb_7	fill in the blank 91404c08cfabfbb_8
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
Total units to be produced	fill in the blank 91404c08cfabfbb_12	fill in the blank 91404c08cfabfbb_13