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 ThunderEstimated inventory (units), June 1259 76Desired inventory (units), June 30298 66Expected sales volume (units): Midwest Region3,350 2,950South Region5,150 5,800Unit sales price$100 $225

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 333e7500704e05b_1	$fill in the blank 333e7500704e05b_2	$fill in the blank 333e7500704e05b_3
South Region	fill in the blank 333e7500704e05b_4	fill in the blank 333e7500704e05b_5	fill in the blank 333e7500704e05b_6
Total	fill in the blank 333e7500704e05b_7		$fill in the blank 333e7500704e05b_8
Model: Thunder
Midwest Region	fill in the blank 333e7500704e05b_9	$fill in the blank 333e7500704e05b_10	$fill in the blank 333e7500704e05b_11
South Region	fill in the blank 333e7500704e05b_12	fill in the blank 333e7500704e05b_13	fill in the blank 333e7500704e05b_14
Total	fill in the blank 333e7500704e05b_15		$fill in the blank 333e7500704e05b_16
Total revenue from sales			$fill in the blank 333e7500704e05b_17

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
Expected units to be sold	fill in the blank dd7a0ff8bfb9fcb_2	fill in the blank dd7a0ff8bfb9fcb_3
Desired inventory, June 30	fill in the blank dd7a0ff8bfb9fcb_5	fill in the blank dd7a0ff8bfb9fcb_6
Total units available	fill in the blank dd7a0ff8bfb9fcb_7	fill in the blank dd7a0ff8bfb9fcb_8
Estimated inventory, June 1	fill in the blank dd7a0ff8bfb9fcb_10	fill in the blank dd7a0ff8bfb9fcb_11
Total units to be produced	fill in the blank dd7a0ff8bfb9fcb_12	fill in the blank dd7a0ff8bfb9fcb_13