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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 1 284 83 Desired inventory (units), June 30 326 72 Expected sales volume (units): Midwest Region 3,900 3,450 South Region 5,400 6,100 Unit sales price $105 $220 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 fill in the blank 9bb207fb4056f89_1 $fill in the blank 9bb207fb4056f89_2 $fill in the blank 9bb207fb4056f89_3 South Region fill in the blank 9bb207fb4056f89_4 fill in the blank 9bb207fb4056f89_5 fill in the blank 9bb207fb4056f89_6 Total fill in the blank 9bb207fb4056f89_7 $fill in the blank 9bb207fb4056f89_8 Model: Thunder Midwest Region fill in the blank 9bb207fb4056f89_9 $fill in the blank 9bb207fb4056f89_10 $fill in the blank 9bb207fb4056f89_11 South Region fill in the blank 9bb207fb4056f89_12 fill in the blank 9bb207fb4056f89_13 fill in the blank 9bb207fb4056f89_14 Total fill in the blank 9bb207fb4056f89_15 $fill in the blank 9bb207fb4056f89_16 Total revenue from sales $fill in the blank 9bb207fb4056f89_17
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