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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

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 1 266 66
Desired inventory (units), June 30 306 57
Expected sales volume (units):
Midwest Region 3,250 2,850
South Region 5,500 4,800
Unit sales price $130 $185

Question Content Area

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 106121f58044039_1 $fill in the blank 106121f58044039_2 $fill in the blank 106121f58044039_3
South Region fill in the blank 106121f58044039_4 fill in the blank 106121f58044039_5 fill in the blank 106121f58044039_6
Total fill in the blank 106121f58044039_7 $fill in the blank 106121f58044039_8
Model: Thunder
Midwest Region fill in the blank 106121f58044039_9 $fill in the blank 106121f58044039_10 $fill in the blank 106121f58044039_11
South Region fill in the blank 106121f58044039_12 fill in the blank 106121f58044039_13 fill in the blank 106121f58044039_14
Total fill in the blank 106121f58044039_15 $fill in the blank 106121f58044039_16
Total revenue from sales $fill in the blank 106121f58044039_17

Question Content Area

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

DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries

- Select - - Select -

DepreciationDesired inventory, June 30Direct laborEstimated inventory, June 1Supervisor salaries

- Select - - Select -
Total units available fill in the blank fill in the blank

DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries

- Select - - Select -
Total units to be produced fill in the blank fill in the blank

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