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	236		75
Desired inventory (units), June 30	271		65
Expected sales volume (units):
Midwest Region	2,950		3,300
South Region	4,800		5,400
Unit sales price	$140		$200

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 65a040fedffbfb2_1	$fill in the blank 65a040fedffbfb2_2	$fill in the blank 65a040fedffbfb2_3
South Region	fill in the blank 65a040fedffbfb2_4	fill in the blank 65a040fedffbfb2_5	fill in the blank 65a040fedffbfb2_6
Total	fill in the blank 65a040fedffbfb2_7		$fill in the blank 65a040fedffbfb2_8
Model: Thunder
Midwest Region	fill in the blank 65a040fedffbfb2_9	$fill in the blank 65a040fedffbfb2_10	$fill in the blank 65a040fedffbfb2_11
South Region	fill in the blank 65a040fedffbfb2_12	fill in the blank 65a040fedffbfb2_13	fill in the blank 65a040fedffbfb2_14
Total	fill in the blank 65a040fedffbfb2_15		$fill in the blank 65a040fedffbfb2_16
Total revenue from sales			$fill in the blank 65a040fedffbfb2_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 0b1a5503b027f85_7	fill in the blank 0b1a5503b027f85_8
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
Total units to be produced	fill in the blank 0b1a5503b027f85_12	fill in the blank 0b1a5503b027f85_13