Sales and Production BudgetsSonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budgetand (b) a production budget:RumbleThunderEstimated inventory (units), June 127167Desired inventory (units), June 3031258Expected sales volume (units):Midwest Region3,2502,850South Region4,9005,650Unit sales price$105$210a. Prepare a sales budget.Sonic Inc.Sales BudgetFor the Month Ending June 30Total SalesProduct and AreaUnit Sales VolumeUnit Selling PriceModel: RumbleMidwest RegionSouth RegionTotalModel: Thunder Midwest RegionSouth RegionTotalTotal revenue from salesb. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.Sonic Inc.Production BudgetFor the Month Ending June 30Units RumbleUnits ThunderTotal units availableTotal units to be produced

The sales value of each region is the product of the units sold by each region and the unit selling…

Answered: Sales and Production Budgets Sonic Inc.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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 1 235 69 Desired inventory (units), June 30 270 60 Expected sales volume (units): East Region 2,850 2,500 West Region 4,850 5,500 Unit sales price $135 $185 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area UnitSalesVolume UnitSellingPrice TotalSales Model Rumble: East Region fill in the blank a2cab3f7d050faf_1 $fill in the blank a2cab3f7d050faf_2 $fill in the blank a2cab3f7d050faf_3 West Region fill in the blank a2cab3f7d050faf_4 fill in the blank a2cab3f7d050faf_5 fill in the blank a2cab3f7d050faf_6 Total fill in the blank a2cab3f7d050faf_7 $fill in the blank a2cab3f7d050faf_8 Model Thunder: East…
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 1 211 62 Desired inventory (units), June 30 242 54 Expected sales volume (units): East Region 2,100 1,850 West Region 4,800 5,400 Unit sales price $115 $210 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area UnitSalesVolume UnitSellingPrice TotalSales Model Rumble: East Region $ $ West Region Total $ Model Thunder: East Region $ $ West Region Total $ Total revenue from sales $ b. Prepare a production budget. Sonic Inc. Production Budget For the Month Ending June 30 Units Model Rumble Units Model Thunder Expected units to be sold…
How do I prepare the selling and administrative expense budget for the quarter ended March 31, 20X1?
Please do not give solution in image format thanku
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 1 305 76 Desired inventory (units), June 30 350 66 Expected sales volume (units): Midwest Region 4,300 3,800 South Region 5,700 4,950 Unit sales price $135 $215 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 Total Total revenue from sales 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 Total units available Total units to be produced %24
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 1 236 64 Desired inventory (units), June 30 271 56 Expected sales volume (units): Midwest Region 2,650 2,950 South Region 5,100 4,450 Unit sales price $125 $205 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 Total $ Total revenue from sales $ 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…
Production Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Scale Gym Scale Northern Region unit sales 26,900 37,000 Southern Region unit sales 29,100 30,600 Total 56,000 67,600 The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,300 and 2,200 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 900 and 2,400 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Please do not give solution in image format thanku
Please do not give solution in image format thanku
Please do not give solution in image format thanku
Question Content Area Cost of Goods Sold Budget Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: Direct materials $1.80 Direct labor 0.45 Variable overhead 0.75 Fixed overhead 1.85 Total unit cost $4.85 For the coming year, Play-Disc expects to make 300,000 plastic discs, and to sell 286,000 of them. Budgeted beginning inventory in units is 18,000 with unit cost of $4.85. (There are no beginning or ending inventories of work in process.) Required: Question Content Area 1. Calculate the total budgeted cost of units produced for Play-Disc for the coming year. Show the cost of direct materials, direct labor, and overhead. Budgeted direct materials $fill in the blank 7fbb030b9f9906d_1 Budgeted direct labor fill in the blank 7fbb030b9f9906d_2 Budgeted overhead fill in the blank 7fbb030b9f9906d_3 Total budgeted manufacturing cost $fill in the blank 7fbb030b9f9906d_4 Question…
Production budget Healthy Habits Inc. produces a Bath version and a Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale Western Region unit sales 25,700 34,900 27,800 29,200 53,500 64,100 Eastern Region unit sales Total The finished goods inventory estimated for January 1, for the Bath and Gym scale models is 1,400 and 2,500 units, respectively. The desired finished goods inventory for January 31 for the Bath and Gym scale models is 1,000 and 2,700 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended January 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Healthy Habits Inc. Production Budget For the Month Ending January 31 Line Item Description Units Bath Scale Units Gym Scale Total units available Total units to be produced

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