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. Thunder Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): East Region West Region Unit sales price a. Prepare a sales budget. Product and Area Model Rumble: East Region West Region Total Model Thunder: East Region Rumble Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume 286 329 3,900 5,500 $105 Unit Selling Price 83 72 3,450 6,200 $205 Total Sales

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
a. Prepare a sales budget.
Product and Area
Model Rumble:
East Region
West Region
Total
Model Thunder:
East Region
Rumble
Unit
Sales
Volume
286
Sonic Inc.
Sales Budget
For the Month Ending June 30
329
3,900
5,500
$105
Unit
Selling
Price
Thunder
83
72
3,450
6,200
$205
Total
Sales
Transcribed Image Text: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 a. Prepare a sales budget. Product and Area Model Rumble: East Region West Region Total Model Thunder: East Region Rumble Unit Sales Volume 286 Sonic Inc. Sales Budget For the Month Ending June 30 329 3,900 5,500 $105 Unit Selling Price Thunder 83 72 3,450 6,200 $205 Total Sales
Product and Area
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
Expected units to be sold
Total units required
PR
Total units to be produced
Units Model Rumble Units Model Thunder
Transcribed Image Text:Product and Area 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 Expected units to be sold Total units required PR Total units to be produced Units Model Rumble Units Model Thunder
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