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 | 230 | 62 | |
| Desired inventory (units), June 30 | 264 | 54 | |
| Expected sales volume (units): | |||
| Midwest Region | 2,350 | 2,650 | |
| South Region | 5,200 | 4,500 | |
| Unit sales price | $100 | $195 |
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 b997ff021068fdd_1 | $fill in the blank b997ff021068fdd_2 | $fill in the blank b997ff021068fdd_3 |
| South Region | fill in the blank b997ff021068fdd_4 | fill in the blank b997ff021068fdd_5 | fill in the blank b997ff021068fdd_6 |
| Total | fill in the blank b997ff021068fdd_7 | $fill in the blank b997ff021068fdd_8 | |
| Model: Thunder | |||
| Midwest Region | fill in the blank b997ff021068fdd_9 | $fill in the blank b997ff021068fdd_10 | $fill in the blank b997ff021068fdd_11 |
| South Region | fill in the blank b997ff021068fdd_12 | fill in the blank b997ff021068fdd_13 | fill in the blank b997ff021068fdd_14 |
| Total | fill in the blank b997ff021068fdd_15 | $fill in the blank b997ff021068fdd_16 | |
| Total revenue from sales | $fill in the blank b997ff021068fdd_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 685b74ff507df83_7 | fill in the blank 685b74ff507df83_8 |
| DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries | - Select - | - Select - |
| Total units to be produced | fill in the blank 685b74ff507df83_12 | fill in the blank 685b74ff507df83_13 |
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