Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question

Transcribed Image Text:b. Prepare a production budget.
SONIC INC.
Production Budget
For the Month Ending June 30
Expected units to be sold
Plus desired inventory, June 30
Total units required
Less estimated inventory, June 1
Total units to be produced
Units Model Rumble Units Model Thunder

Transcribed Image Text:EX.22-06 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.
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
East Region
West Region
Unit sales price
Rumble
262
301
2,700
5,900
$140
Thunder
66
57
2,400
5,150
$205
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