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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 1 260 76 Desired inventory (units), June 30 299 66 Expected sales volume (units): East Region 3,250 2,850 West Region 5,300 6,000 Unit sales price $ 125 $190 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Unit Sales Volume Selling Price Total Sales Product and Area Model Rumble: East Region 3,250 125 $ 406,250 West Region 5,300 125 662,500 Total 8,550 1,068,750 Model Thunder: East Region 2,850 190 541,500 West Region 6,000 190 1,140,000 Total 8,850 1,681,500 Total revenue from sales 2,750,250
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