eBook Show Me How Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales
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Show Me How
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 | 278 | 89 | |
| Desired inventory (units), June 30 | 319 | 77 | |
| Expected sales volume (units): | |||
| Midwest Region | 3,200 | 3,600 | |
| South Region | 5,900 | 6,650 | |
| Unit sales price | $130 | $195 |
a. Prepare a sales budget.
| Product and Area | Unit Sales Volume | Unit Selling Price | Total Sales |
| Model: Rumble | |||
| Midwest Region | fill in the blank e325e8fe201efa7_1 | $fill in the blank e325e8fe201efa7_2 | $fill in the blank e325e8fe201efa7_3 |
| South Region | fill in the blank e325e8fe201efa7_4 | fill in the blank e325e8fe201efa7_5 | fill in the blank e325e8fe201efa7_6 |
| Total | fill in the blank e325e8fe201efa7_7 | $fill in the blank e325e8fe201efa7_8 | |
| Model: Thunder | |||
| Midwest Region | fill in the blank e325e8fe201efa7_9 | $fill in the blank e325e8fe201efa7_10 | $fill in the blank e325e8fe201efa7_11 |
| South Region | fill in the blank e325e8fe201efa7_12 | fill in the blank e325e8fe201efa7_13 | fill in the blank e325e8fe201efa7_14 |
| Total | fill in the blank e325e8fe201efa7_15 | $fill in the blank e325e8fe201efa7_16 | |
| Total revenue from sales | $fill in the blank e325e8fe201efa7_17 |
b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
| 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 units available | fill in the blank b1bd4a03807effc_7 | fill in the blank b1bd4a03807effc_8 |
| DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries | - Select - | - Select - |
| Total units to be produced | fill in the blank b1bd4a03807effc_12 | fill in the blank b1bd4a03807effc_13 |
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Authors: Frank Wood, Alan Sangster
10th Edition
0273693107, 978-0273693109
