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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

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 1 750 300
Desired inventory (units), June 30 500 250
Expected sales volume (units):
East Region 12,000 3,500
West Region 14,000 4,000
Unit sales price $160 $200

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:
East Region fill in the blank f4f5a8026ff1fdf_1 $fill in the blank f4f5a8026ff1fdf_2 $fill in the blank f4f5a8026ff1fdf_3
West Region fill in the blank f4f5a8026ff1fdf_4 fill in the blank f4f5a8026ff1fdf_5 fill in the blank f4f5a8026ff1fdf_6
Total fill in the blank f4f5a8026ff1fdf_7 $fill in the blank f4f5a8026ff1fdf_8
Model Thunder:
East Region fill in the blank f4f5a8026ff1fdf_9 $fill in the blank f4f5a8026ff1fdf_10 $fill in the blank f4f5a8026ff1fdf_11
West Region fill in the blank f4f5a8026ff1fdf_12 fill in the blank f4f5a8026ff1fdf_13 fill in the blank f4f5a8026ff1fdf_14
Total fill in the blank f4f5a8026ff1fdf_15 $fill in the blank f4f5a8026ff1fdf_16
Total revenue from sales $fill in the blank f4f5a8026ff1fdf_17

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Once sales quantities are estimated, the expected sales revenue can be determined.

b. Prepare a production budget.

SONIC INC. Production Budget For the Month Ending June 30
Units Model Rumble Units Model Thunder
Expected units to be sold fill in the blank 68fd9800a05c014_1 fill in the blank 68fd9800a05c014_2

Less estimated inventory, June 1Plus desired inventory, June 30

- Select - - Select -
Total units required fill in the blank 68fd9800a05c014_6 fill in the blank 68fd9800a05c014_7

Less estimated inventory, June 1Plus desired inventory, June 30

- Select - - Select -
Total units to be produced fill in the blank 68fd9800a05c014_11 fill in the blank 68fd9800a05c014_12

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