Question
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 | 251 | 62 | |
| Desired inventory (units), June 30 | 289 | 54 | |
| Expected sales volume (units): | |||
| East Region | 2,650 | 2,350 | |
| West Region | 5,600 | 4,850 | |
| Unit sales price | $135 | $215 |
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 d1425bf8b04f030_1 | $fill in the blank d1425bf8b04f030_2 | $fill in the blank d1425bf8b04f030_3 |
| West Region | fill in the blank d1425bf8b04f030_4 | fill in the blank d1425bf8b04f030_5 | fill in the blank d1425bf8b04f030_6 |
| Total | fill in the blank d1425bf8b04f030_7 | $fill in the blank d1425bf8b04f030_8 | |
| Model Thunder: | |||
| East Region | fill in the blank d1425bf8b04f030_9 | $fill in the blank d1425bf8b04f030_10 | $fill in the blank d1425bf8b04f030_11 |
| West Region | fill in the blank d1425bf8b04f030_12 | fill in the blank d1425bf8b04f030_13 | fill in the blank d1425bf8b04f030_14 |
| Total | fill in the blank d1425bf8b04f030_15 | $fill in the blank d1425bf8b04f030_16 | |
| Total revenue from sales | $fill in the blank d1425bf8b04f030_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 4565b007effffc4_1 | fill in the blank 4565b007effffc4_2 |
| fill in the blank 4565b007effffc4_4 | fill in the blank 4565b007effffc4_5 | |
| Total units required | fill in the blank 4565b007effffc4_6 | fill in the blank 4565b007effffc4_7 |
| fill in the blank 4565b007effffc4_9 | fill in the blank 4565b007effffc4_10 | |
| Total units to be produced | fill in the blank 4565b007effffc4_11 | fill in the blank 4565b007effffc4_12 |
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Probability And Statistics For Engineering And The Sciences
Authors: Jay L. Devore
9th Edition
1305251806, 978-1305251809
