Sonic Inc. manufacturers 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: RumbleThunderestimated inventory (units), June 128076Desired inventory (units), June 3032266Expected sales volume (units): Midwest Region3,5003,900 South Region5,7004,950Unit sales price$125$210Refer to the pictures for the sales budget and production budget template. a. Prepare a sales budget.Sonic Inc.Sales BudgetFor the Month Ending June 30Product and AreaUnit Sales VolumeUnit Selling PriceTotal SalesModel: RumbleMidwest Region2$South RegionTotalModel: ThunderMidwest RegionSouth RegionTotalTotal 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 BudgetFor the Month Ending June 30Units RumbleUnits ThunderExpected units to be sold VDesired inventory, June 30Total units availableEstimated inventory, June 1Total units to be produced

Sales budget estimates the amount and volume of sales to be made for a fixed future period whereas a…

Sonic Inc. manufacturers 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 1 280 76 Desired inventory (units), June 30 322 66 Expected sales volume (units): Midwest Region 3,500 3,900 South Region 5,700 4,950 Unit sales price $125 $210 Refer to the pictures for the sales budget and production budget template.

Sonic Inc. manufacturers 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 1 280 76 Desired inventory (units), June 30 322 66 Expected sales volume (units): Midwest Region 3,500 3,900 South Region 5,700 4,950 Unit sales price $125 $210 Refer to the pictures for the sales budget and production budget template.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 6P: Preparing a flexible budget Use the information in Figure 7-12 of the chapter. Required: Prepare...

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	Rumble	Thunder
estimated inventory (units), June 1	280	76
Desired inventory (units), June 30	322	66
Expected sales volume (units):
Midwest Region	3,500	3,900
South Region	5,700	4,950
Unit sales price	$125	$210