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 ThunderEstimated inventory (units), June 1233 69Desired inventory (units), June 30268 60Expected sales volume (units): Midwest Region2,700 2,400South Region4,950 5,600Unit sales price$125 $190

Question Content Area

a. Prepare a sales budget.

Product and AreaUnit Sales VolumeUnit Selling PriceTotal SalesModel: Rumble Midwest Regionfill in the blank 36dbaff0605100b_1$fill in the blank 36dbaff0605100b_2$fill in the blank 36dbaff0605100b_3South Regionfill in the blank 36dbaff0605100b_4fill in the blank 36dbaff0605100b_5fill in the blank 36dbaff0605100b_6Totalfill in the blank 36dbaff0605100b_7 $fill in the blank 36dbaff0605100b_8Model: Thunder Midwest Regionfill in the blank 36dbaff0605100b_9$fill in the blank 36dbaff0605100b_10$fill in the blank 36dbaff0605100b_11South Regionfill in the blank 36dbaff0605100b_12fill in the blank 36dbaff0605100b_13fill in the blank 36dbaff0605100b_14Totalfill in the blank 36dbaff0605100b_15 $fill in the blank 36dbaff0605100b_16Total revenue from sales $fill in the blank 36dbaff0605100b_17

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b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Units RumbleUnits ThunderDepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries- Select -- Select -DepreciationDesired inventory, June 30Direct laborEstimated inventory, June 1Supervisor salaries- Select -- Select -Totalfill in the blank 10cb8af8ffad073_7fill in the blank 10cb8af8ffad073_8DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries- Select -- Select -Total units to be producedfill in the blank 10cb8af8ffad073_12fill in the blank 10cb8af8ffad073_13