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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

  1. 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 1 260 83
    Desired inventory (units), June 30 299 72
    Expected sales volume (units):
    East Region 2,800 3,150
    West Region 5,750 6,500
    Unit sales price $120 $210

    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 26828909402c01d_1 $fill in the blank 26828909402c01d_2 $fill in the blank 26828909402c01d_3
    West Region fill in the blank 26828909402c01d_4 fill in the blank 26828909402c01d_5 fill in the blank 26828909402c01d_6
    Total fill in the blank 26828909402c01d_7 $fill in the blank 26828909402c01d_8
    Model Thunder:
    East Region fill in the blank 26828909402c01d_9 $fill in the blank 26828909402c01d_10 $fill in the blank 26828909402c01d_11
    West Region fill in the blank 26828909402c01d_12 fill in the blank 26828909402c01d_13 fill in the blank 26828909402c01d_14
    Total fill in the blank 26828909402c01d_15 $fill in the blank 26828909402c01d_16
    Total revenue from sales $fill in the blank 26828909402c01d_17

    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 639169f9d04cf8d_1 fill in the blank 639169f9d04cf8d_2
    fill in the blank 639169f9d04cf8d_4 fill in the blank 639169f9d04cf8d_5
    Total units required fill in the blank 639169f9d04cf8d_6 fill in the blank 639169f9d04cf8d_7
    fill in the blank 639169f9d04cf8d_9 fill in the blank 639169f9d04cf8d_10
    Total units to be produced fill in the blank 639169f9d04cf8d_11 fill in the blank 639169f9d04cf8d_12

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