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Sales and A budget of estimated unit production.Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and

  1. Sales and A budget of estimated unit production.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

    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 $ $
    South Region
    Total $
    Model: Thunder
    Midwest Region $ $
    South Region
    Total $
    Total revenue from sales $

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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
    • Depreciation
    • Direct labor
    • Estimated inventory, June 1
    • Expected units to be sold
    • Supervisor salaries
    • Depreciation
    • Desired inventory, June 30
    • Direct labor
    • Estimated inventory, June 1
    • Supervisor salaries
    Total units available
    • Depreciation
    • Direct labor
    • Estimated inventory, June 1
    • Expected units to be sold
    • Supervisor salaries
    Total units to be produced

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