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