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	286		78
Desired inventory (units), June 30	329		68
Expected sales volume (units):
Midwest Region	3,600		4,050
South Region	5,800		5,050
Unit sales price	$120		$190

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 285821f71f89fec_1	$fill in the blank 285821f71f89fec_2	$fill in the blank 285821f71f89fec_3
South Region	fill in the blank 285821f71f89fec_4	fill in the blank 285821f71f89fec_5	fill in the blank 285821f71f89fec_6
Total	fill in the blank 285821f71f89fec_7		$fill in the blank 285821f71f89fec_8
Model: Thunder
Midwest Region	fill in the blank 285821f71f89fec_9	$fill in the blank 285821f71f89fec_10	$fill in the blank 285821f71f89fec_11
South Region	fill in the blank 285821f71f89fec_12	fill in the blank 285821f71f89fec_13	fill in the blank 285821f71f89fec_14
Total	fill in the blank 285821f71f89fec_15		$fill in the blank 285821f71f89fec_16
Total revenue from sales			$fill in the blank 285821f71f89fec_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
	fill in the blank ba44fbff7044045_2	fill in the blank ba44fbff7044045_3
	fill in the blank ba44fbff7044045_5	fill in the blank ba44fbff7044045_6
Total	fill in the blank ba44fbff7044045_7	fill in the blank ba44fbff7044045_8
	fill in the blank ba44fbff7044045_10	fill in the blank ba44fbff7044045_11
Total units to be produced	fill in the blank ba44fbff7044045_12	fill in the blank ba44fbff7044045_13