a. Prepare a sales budget. Product and Area Model: Rumble North Region South Region Total Model: Thunder Bowser Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales T Accounting numeric field

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
icon
Concept explainers
Question

Please do not give solution in image format thanku 

a. Prepare a sales budget.
Product and Area
Model: Rumble
North Region
South Region
Total
Model: Thunder
North Region
South Region
Total
Total revenue from sales
Total units available i
Bowser Inc.
Sales Budget
For the Month Ending June 30
Unit Sales Volume Unit Selling Price Total Sales
Total units to be produced
Accounting numeric field
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
000 0000
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 Total revenue from sales Total units available i Bowser Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Total units to be produced Accounting numeric field 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 000 0000
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:
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
North Region
South Region
Unit sales price
Rumble Thunder
286
329
4,300
5,100
$120
83
72
3,800
5,750
$215
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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price Rumble Thunder 286 329 4,300 5,100 $120 83 72 3,800 5,750 $215
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Budgeting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education