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
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.
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.
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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