Bowser 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 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price 256 294 3,550 4,850 $145 75 3,100 5,500 $220

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 6E: Sales and production budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder....
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Sales and production budgets
Bowser 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 11
Desired inventory (units), June 30
Expected sales volume (units):
North Region
South Region
Unit sales price
256
294
3,550
4,850
$145
75
65
3,100
5,500
1220
Transcribed Image Text:Sales and production budgets Bowser 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 11 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price 256 294 3,550 4,850 $145 75 65 3,100 5,500 1220
a. Prepare a sales budget.
Product and Area
Model: Rumble
North Region
South Region
Total
Model: Thunder
North Region
South Region
Total
Bowser Inc.
Sales Budget
For the Month Ending June 30
Unit Sales Volume Unit Selling Price Total Sales
Total revenue from sales
b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Bowser Inc.
Production Budget
For the Month Ending June 30
Line Item Description Units Rumble Units Thunder
Total units available.
Total units to be produced
Transcribed Image Text:a. Prepare a sales budget. Product and Area Model: Rumble North Region South Region Total Model: Thunder North Region South Region Total Bowser Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Total revenue from sales b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Bowser Inc. Production Budget For the Month Ending June 30 Line Item Description Units Rumble Units Thunder Total units available. Total units to be produced
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