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	248		75
Desired inventory (units), June 30	285		65
Expected sales volume (units):
Midwest Region	2,350		2,050
South Region	5,800		6,550
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 c0eaf9083037074_1	$fill in the blank c0eaf9083037074_2	$fill in the blank c0eaf9083037074_3
South Region	fill in the blank c0eaf9083037074_4	fill in the blank c0eaf9083037074_5	fill in the blank c0eaf9083037074_6
Total	fill in the blank c0eaf9083037074_7		$fill in the blank c0eaf9083037074_8
Model: Thunder
Midwest Region	fill in the blank c0eaf9083037074_9	$fill in the blank c0eaf9083037074_10	$fill in the blank c0eaf9083037074_11
South Region	fill in the blank c0eaf9083037074_12	fill in the blank c0eaf9083037074_13	fill in the blank c0eaf9083037074_14
Total	fill in the blank c0eaf9083037074_15		$fill in the blank c0eaf9083037074_16
Total revenue from sales			$fill in the blank c0eaf9083037074_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 23fc7804104cf8a_2	fill in the blank 23fc7804104cf8a_3
	fill in the blank 23fc7804104cf8a_5	fill in the blank 23fc7804104cf8a_6
Total	fill in the blank 23fc7804104cf8a_7	fill in the blank 23fc7804104cf8a_8
	fill in the blank 23fc7804104cf8a_10	fill in the blank 23fc7804104cf8a_11
Total units to be produced	fill in the blank 23fc7804104cf8a_12	fill in the blank 23fc7804104cf8a_13