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 Expected units to be sold Direct labor Total units available Estimated inventory, June 1 Total units to be produced Feedback Check My Work

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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South Region
Total
Total revenue from sales
Feedback
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Once sales quantities are estimated, the expected sales revenue can be determined.
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
Expected units to be sold
Direct labor
Total units available
Estimated inventory, June 1
Total units to be produced
Feedback
TCheck My Work
Remember to take into account expected units to be sold plus desired units in ending inventory less estimated units in beginning inventory when calculating total units to be produced
Check My Work 2 more Check My Work Luses remaining
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Transcribed Image Text:Home * CengageNOWv2 | Online teachin x takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Print Item South Region Total Total revenue from sales Feedback TCheck My VWork Once sales quantities are estimated, the expected sales revenue can be determined. 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 Expected units to be sold Direct labor Total units available Estimated inventory, June 1 Total units to be produced Feedback TCheck My Work Remember to take into account expected units to be sold plus desired units in ending inventory less estimated units in beginning inventory when calculating total units to be produced Check My Work 2 more Check My Work Luses remaining Previous Next Save and Exit Submit Assignment for Grading All work saved.
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akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
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E Print Item
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
750
300
Desired inventory (units), June 30
500
250
Expected sales volume (units):
Midwest Region
12,000
3,500
South Region
14,000
4,000
Unit sales price
$60
$90
a. Prepare a sales budget,
Sonic Inc.
Sales Budget
For the Month Ending June 30
Product and Area
Unit Sales Volume
Unit Selling Price
Total Sales
Model: Rumble
Midwest Region
South Region
Total
Model: Thunder
Midwest Region
South Region
Previous
Next>
Check My Work 2 more Check My Work uses remaining
Transcribed Image Text:Bome * CengageNOwv2 |Online teachin x + akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false еВook Show Me How E Print Item 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 1 750 300 Desired inventory (units), June 30 500 250 Expected sales volume (units): Midwest Region 12,000 3,500 South Region 14,000 4,000 Unit sales price $60 $90 a. Prepare a sales budget, Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Previous Next> Check My Work 2 more Check My Work uses remaining
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