Sales and Production Budgets 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 1 271 67 Desired inventory (units), June 30 312 58 Expected sales volume (units): Midwest Region 3,250 2,850 South Region 4,900 5,650 Unit sales price $105 $210 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Total Sales Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total 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. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder Total units available Total units to be produced
Sales and Production Budgets 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 1 271 67 Desired inventory (units), June 30 312 58 Expected sales volume (units): Midwest Region 3,250 2,850 South Region 4,900 5,650 Unit sales price $105 $210 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Total Sales Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total 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. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder Total units available Total units to be produced
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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