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	245		78
Desired inventory (units), June 30	282		68
Expected sales volume (units):
Midwest Region	2,400		2,700
South Region	5,650		6,400
Unit sales price	$145		$205

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 56587e05fff9070_1	$fill in the blank 56587e05fff9070_2	$fill in the blank 56587e05fff9070_3
South Region	fill in the blank 56587e05fff9070_4	fill in the blank 56587e05fff9070_5	fill in the blank 56587e05fff9070_6
Total	fill in the blank 56587e05fff9070_7		$fill in the blank 56587e05fff9070_8
Model: Thunder
Midwest Region	fill in the blank 56587e05fff9070_9	$fill in the blank 56587e05fff9070_10	$fill in the blank 56587e05fff9070_11
South Region	fill in the blank 56587e05fff9070_12	fill in the blank 56587e05fff9070_13	fill in the blank 56587e05fff9070_14
Total	fill in the blank 56587e05fff9070_15		$fill in the blank 56587e05fff9070_16
Total revenue from sales			$fill in the blank 56587e05fff9070_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 f59ac80c1ffdfc4_7	fill in the blank f59ac80c1ffdfc4_8
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
Total units to be produced	fill in the blank f59ac80c1ffdfc4_12	fill in the blank f59ac80c1ffdfc4_13