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): Midwest Region South Region Unit sales price a. Prepare a sales budget Product and Area Model: Rumble Midwest Region South Region Total Rumble 000 266 306 3,150 5,600 $145 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Thunder 85 74 3,550 6,350 $210 पी Unit Selling Price Total Sales

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 6E: Sales and production budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder....
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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:
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
Midwest Region
South Region
Unit sales price
a. Prepare a sales budget
Product and Area
Model: Rumble
Midwest Region
South Region
Total
Rumble
000
266
306
3,150
5,600
$145
Sonic Inc.
Sales Budget
For the Month Ending June 30
Unit Sales Volume
00
Thunder
Unit Selling Price
85
74
3,550
6,350
$210
Total Sales
000
Transcribed Image Text: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): Midwest Region South Region Unit sales price a. Prepare a sales budget Product and Area Model: Rumble Midwest Region South Region Total Rumble 000 266 306 3,150 5,600 $145 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume 00 Thunder Unit Selling Price 85 74 3,550 6,350 $210 Total Sales 000
Midwest Region
South Region
Total
Model: Thunder
Midwest Region
South Region
Total
000 000
Total revenue from sales
Total units available
QO QO
Total units to be produced
8
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
Qool googl
100000
Transcribed Image Text:Midwest Region South Region Total Model: Thunder Midwest Region South Region Total 000 000 Total revenue from sales Total units available QO QO Total units to be produced 8 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 Qool googl 100000
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