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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
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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 (a) a sales budget and (b) a production budget:
Rumble Thunder Estimated inventory (units), June 1 225 68 Desired inventory (units), June 30 259 59 Expected sales volume (units): Midwest Region 2,100 1,850 South Region 5,300 6,000 Unit sales price $115 $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 Midwest Region fill in the blank e7e607026ff500f_1 $fill in the blank e7e607026ff500f_2 $fill in the blank e7e607026ff500f_3 South Region fill in the blank e7e607026ff500f_4 fill in the blank e7e607026ff500f_5 fill in the blank e7e607026ff500f_6 Total fill in the blank e7e607026ff500f_7 $fill in the blank e7e607026ff500f_8 Model: Thunder Midwest Region fill in the blank e7e607026ff500f_9 $fill in the blank e7e607026ff500f_10 $fill in the blank e7e607026ff500f_11 South Region fill in the blank e7e607026ff500f_12 fill in the blank e7e607026ff500f_13 fill in the blank e7e607026ff500f_14 Total fill in the blank e7e607026ff500f_15 $fill in the blank e7e607026ff500f_16 Total revenue from sales $fill in the blank e7e607026ff500f_17
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 fill in the blank 38182b09efe6fc8_2 fill in the blank 38182b09efe6fc8_3 fill in the blank 38182b09efe6fc8_5 fill in the blank 38182b09efe6fc8_6 Total units available fill in the blank 38182b09efe6fc8_7 fill in the blank 38182b09efe6fc8_8 fill in the blank 38182b09efe6fc8_10 fill in the blank 38182b09efe6fc8_11 Total units to be produced fill in the blank 38182b09efe6fc8_12 fill in the blank 38182b09efe6fc8_13
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 | 225 | 68 | |
| Desired inventory (units), June 30 | 259 | 59 | |
| Expected sales volume (units): | |||
| Midwest Region | 2,100 | 1,850 | |
| South Region | 5,300 | 6,000 | |
| Unit sales price | $115 | $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 | |||
| Midwest Region | fill in the blank e7e607026ff500f_1 | $fill in the blank e7e607026ff500f_2 | $fill in the blank e7e607026ff500f_3 |
| South Region | fill in the blank e7e607026ff500f_4 | fill in the blank e7e607026ff500f_5 | fill in the blank e7e607026ff500f_6 |
| Total | fill in the blank e7e607026ff500f_7 | $fill in the blank e7e607026ff500f_8 | |
| Model: Thunder | |||
| Midwest Region | fill in the blank e7e607026ff500f_9 | $fill in the blank e7e607026ff500f_10 | $fill in the blank e7e607026ff500f_11 |
| South Region | fill in the blank e7e607026ff500f_12 | fill in the blank e7e607026ff500f_13 | fill in the blank e7e607026ff500f_14 |
| Total | fill in the blank e7e607026ff500f_15 | $fill in the blank e7e607026ff500f_16 | |
| Total revenue from sales | $fill in the blank e7e607026ff500f_17 | ||
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 | |
| fill in the blank 38182b09efe6fc8_2 | fill in the blank 38182b09efe6fc8_3 | |
| fill in the blank 38182b09efe6fc8_5 | fill in the blank 38182b09efe6fc8_6 | |
| Total units available | fill in the blank 38182b09efe6fc8_7 | fill in the blank 38182b09efe6fc8_8 |
| fill in the blank 38182b09efe6fc8_10 | fill in the blank 38182b09efe6fc8_11 | |
| Total units to be produced | fill in the blank 38182b09efe6fc8_12 | fill in the blank 38182b09efe6fc8_13 |
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