Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June.
Sales and Production Budgets
Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June.
U500 | S1000 | ||
Estimated inventory (units), June 1 | 284 | 83 | |
Desired inventory (units), June 30 | 327 | 72 | |
Expected sales volume (units): | |||
Northeast Region | 3,800 | 3,350 | |
Southwest Region | 5,550 | 6,250 | |
Unit sales price | $110 | $215 |
a. Prepare a sales budget. Enter all amounts as positive numbers.
ULTIMATE AUDIO COMPANY | |||
Sales Budget | |||
For the Month Ending June 30 | |||
Product and Area | Unit Sales Volume | Unit Sales Price | Total Sales |
Model U500: | |||
Northeast Region | $ | $ | |
Southwest Region | |||
Total | $ | ||
Model S1000: | |||
Northeast Region | $ | $ | |
Southwest Region | |||
Total | $ | ||
Total revenue from sales | $ |
b. Prepare a production budget. Enter all amounts as positive numbers.
ULTIMATE AUDIO COMPANY | ||
Production Budget | ||
For the Month Ending June 30 | ||
Model U500 | Model S1000 | |
Expected units to be sold | ||
Total | ||
Total units to be produced |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started