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	254		63
Desired inventory (units), June 30	292		55
Expected sales volume (units):
East Region	2,950		2,600
West Region	5,400		4,700
Unit sales price	$125		$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:
East Region
West Region
Total
Model Thunder:
East Region
West Region
Total
Total revenue from sales			$fill in the blank e18b0c032004008_17

b. Prepare a production budget.

Sonic Inc.
Production Budget
For the Month Ending June 30
	Units Model Rumble	Units Model Thunder
Expected units to be sold
Total units required
Total units to be produced