Question
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
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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 1 258 75 Desired inventory (units), June 30 296 65 Expected sales volume (units): Midwest Region 3,350 2,950 South Region 5,100 5,750 Unit sales price $100 $215
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 $ $ South Region Total $ Model: Thunder Midwest Region $ $ South Region Total $ Total revenue from sales $
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 Total units available Total units to be produced
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 | 258 | 75 | |
| Desired inventory (units), June 30 | 296 | 65 | |
| Expected sales volume (units): | |||
| Midwest Region | 3,350 | 2,950 | |
| South Region | 5,100 | 5,750 | |
| Unit sales price | $100 | $215 |
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 | $ | $ | |
| South Region | |||
| Total | $ | ||
| Model: Thunder | |||
| Midwest Region | $ | $ | |
| South Region | |||
| Total | $ | ||
| Total revenue from sales | $ | ||
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 | |
| Total units available | ||
| Total units to be produced | ||
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