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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 | 256 | 75 | |
Desired inventory (units), June 30 | 294 | 65 | |
Expected sales volume (units): | |||
Midwest Region | 3,300 | 2,900 | |
South Region | 5,100 | 5,750 | |
Unit sales price | $100 | $215 |
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