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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 1 288 71
Desired inventory (units), June 30 331 62
Expected sales volume (units):
Midwest Region 4,000 3,500
South Region 5,450 4,750
Unit sales price $95 $190

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 4c7457fb303cfdf_1 $fill in the blank 4c7457fb303cfdf_2 $fill in the blank 4c7457fb303cfdf_3
South Region fill in the blank 4c7457fb303cfdf_4 fill in the blank 4c7457fb303cfdf_5 fill in the blank 4c7457fb303cfdf_6
Total fill in the blank 4c7457fb303cfdf_7 $fill in the blank 4c7457fb303cfdf_8
Model: Thunder
Midwest Region fill in the blank 4c7457fb303cfdf_9 $fill in the blank 4c7457fb303cfdf_10 $fill in the blank 4c7457fb303cfdf_11
South Region fill in the blank 4c7457fb303cfdf_12 fill in the blank 4c7457fb303cfdf_13 fill in the blank 4c7457fb303cfdf_14
Total fill in the blank 4c7457fb303cfdf_15 $fill in the blank 4c7457fb303cfdf_16
Total revenue from sales $fill in the blank 4c7457fb303cfdf_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 e271c4f74f93fa4_7 fill in the blank e271c4f74f93fa4_8

DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries

- Select - - Select -
Total units to be produced fill in the blank e271c4f74f93fa4_12 fill in the blank e271c4f74f93fa4_13

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