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Sonic Inc. manufacturers two models of speakers, Rumble and Thunder. Based on the following production and...

Question

Sonic Inc. manufacturers two models of speakers, Rumble and Thunder. Based on the following production and...
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) and production budget:
eBook Show Me How Calculator Sales and Production Budgets Sonic Inc, manufactures two models of speakers, Rumble and Thunder.
b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Soni
eBook Show Me How Calculator 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 256 Estimated Inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price 2,500 4,800 2,300 5,400 $205 $130 a. Prepare a sales budget. Sonic Inc Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region Total Sales South Region Total Model: Thunder Midwest Region DJI 000 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

Answers

1) sales budget

Product and area Unit sales volume Unit selling price Sales revenue
Model : Rumble
Midwest region 2500 130 325000
South region 4800 130 624000
Total 949000
Model : Thunder
Midwest region 2800 205 574000
South region 5400 205 1107000
Total 1681000
Total Sales revenue 2630000

Production budget

Model rumble Model thunder
Unit produced 7300 8200
Add: desired ending inventory 256 62
Total units available 7556 8262
Less: beginning inventory -223 -71
Total units to be produced 7333 8191


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