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	278		76
Desired inventory (units), June 30	319		66
Expected sales volume (units):
East Region	3,700		4,150
West Region	5,400		4,700
Unit sales price	$110		$210

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	fill in the blank 83cc0b014007ffb_1	$fill in the blank 83cc0b014007ffb_2	$fill in the blank 83cc0b014007ffb_3
West Region	fill in the blank 83cc0b014007ffb_4	fill in the blank 83cc0b014007ffb_5	fill in the blank 83cc0b014007ffb_6
Total	fill in the blank 83cc0b014007ffb_7		$fill in the blank 83cc0b014007ffb_8
Model Thunder:
East Region	fill in the blank 83cc0b014007ffb_9	$fill in the blank 83cc0b014007ffb_10	$fill in the blank 83cc0b014007ffb_11
West Region	fill in the blank 83cc0b014007ffb_12	fill in the blank 83cc0b014007ffb_13	fill in the blank 83cc0b014007ffb_14
Total	fill in the blank 83cc0b014007ffb_15		$fill in the blank 83cc0b014007ffb_16
Total revenue from sales			$fill in the blank 83cc0b014007ffb_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	fill in the blank e1b3870c001b074_1	fill in the blank e1b3870c001b074_2
	fill in the blank e1b3870c001b074_4	fill in the blank e1b3870c001b074_5
Total units required	fill in the blank e1b3870c001b074_6	fill in the blank e1b3870c001b074_7
	fill in the blank e1b3870c001b074_9	fill in the blank e1b3870c001b074_10
Total units to be produced	fill in the blank e1b3870c001b074_11	fill in the blank e1b3870c001b074_12