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 1 276   89 Desired inventory (units), June 30 317   77 Expected sales volume (units):       Midwest Region 3,400   3,800 South Region 5,650   6,400 Unit sales price $130   $185 Question Content Area a.  Prepare a sales budget. Sonic Inc.Sales BudgetFor the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble       Midwest Region fill in the blank 7e72690b6ff5f8b_1 $fill in the blank 7e72690b6ff5f8b_2 $fill in the blank 7e72690b6ff5f8b_3 South Region fill in the blank 7e72690b6ff5f8b_4 fill in the blank 7e72690b6ff5f8b_5 fill in the blank 7e72690b6ff5f8b_6 Total fill in the blank 7e72690b6ff5f8b_7   $fill in the blank 7e72690b6ff5f8b_8 Model: Thunder       Midwest Region fill in the blank 7e72690b6ff5f8b_9 $fill in the blank 7e72690b6ff5f8b_10 $fill in the blank 7e72690b6ff5f8b_11 South Region fill in the blank 7e72690b6ff5f8b_12 fill in the blank 7e72690b6ff5f8b_13 fill in the blank 7e72690b6ff5f8b_14 Total fill in the blank 7e72690b6ff5f8b_15   $fill in the blank 7e72690b6ff5f8b_16 Total revenue from sales     $fill in the blank 7e72690b6ff5f8b_17   Feedback Area   Feedback   Once sales quantities are estimated, the expected sales revenue can be determined. Question Content Area b.   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 30   Units Rumble Units Thunder   Expected units to be sold Expected units to be sold   Desired inventory, June 30 Desired inventory, June 30 Total units available fill in the blank 1295fd029f8201f_7 fill in the blank 1295fd029f8201f_8   Estimated inventory, June 1 Estimated inventory, June 1 Total units to be produced fill in the blank 1295fd029f8201f_12 fill in the blank 1295fd029f8201f_13

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question

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 1 276   89
Desired inventory (units), June 30 317   77
Expected sales volume (units):      
Midwest Region 3,400   3,800
South Region 5,650   6,400
Unit sales price $130   $185

Question Content Area

a.  Prepare a sales budget.

Sonic Inc.Sales BudgetFor the Month Ending June 30
Product and Area Unit Sales Volume Unit Selling Price Total Sales
Model: Rumble      
Midwest Region fill in the blank 7e72690b6ff5f8b_1 $fill in the blank 7e72690b6ff5f8b_2 $fill in the blank 7e72690b6ff5f8b_3
South Region fill in the blank 7e72690b6ff5f8b_4 fill in the blank 7e72690b6ff5f8b_5 fill in the blank 7e72690b6ff5f8b_6
Total fill in the blank 7e72690b6ff5f8b_7   $fill in the blank 7e72690b6ff5f8b_8
Model: Thunder      
Midwest Region fill in the blank 7e72690b6ff5f8b_9 $fill in the blank 7e72690b6ff5f8b_10 $fill in the blank 7e72690b6ff5f8b_11
South Region fill in the blank 7e72690b6ff5f8b_12 fill in the blank 7e72690b6ff5f8b_13 fill in the blank 7e72690b6ff5f8b_14
Total fill in the blank 7e72690b6ff5f8b_15   $fill in the blank 7e72690b6ff5f8b_16
Total revenue from sales     $fill in the blank 7e72690b6ff5f8b_17
 

Feedback Area

 
Feedback
 

Once sales quantities are estimated, the expected sales revenue can be determined.

Question Content Area

b.   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 30
  Units Rumble Units Thunder
 
Expected units to be sold Expected units to be sold
 
Desired inventory, June 30 Desired inventory, June 30
Total units available fill in the blank 1295fd029f8201f_7 fill in the blank 1295fd029f8201f_8
 
Estimated inventory, June 1 Estimated inventory, June 1
Total units to be produced fill in the blank 1295fd029f8201f_12 fill in the blank 1295fd029f8201f_13
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,