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Sales and Production Budgets Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September

Sales and Production Budgets

Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepare (a) a sales budget and (b) a production budget.

DL XL
Estimated inventory (units), September 1 292 81
Desired inventory (units), September 30 336 70
Expected sales volume (units):
East Region 3,850 4,300
West Region 5,750 5,000
Unit sales price $145 $195

a. Prepare a sales budget.

Harmony Audio Company
Sales Budget
For the Month Ending September 30, 2016
Product and Area Unit Sales Volume Unit Selling Price Total Sales
Model DL:
East Region
West Region
Total
Model XL:
East Region
West Region
Total
Total revenue from sales

b. Prepare a production budget.

Harmony Audio Company
Production Budget
For the Month Ending September 30, 2016
Units Model DL Units Model XL
Expected units to be sold
Plus desired inventory, September 30, 2016
Total
Less estimated inventory, September 1, 2016
Total units to be produced

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