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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.
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 |
Feedback
Once sales quantities are estimated, the expected sales revenue can be determined.
b. Prepare a production budget.
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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