Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales datafor June, prepare (a) a sales budget and (b) a production budget.Estimated inventory (units), June 1Desired inventory (units), June 30Expected sales volume (units):East RegionWest RegionUnit sales pricea. Prepare a sales budget.Product and AreaModel Rumble:East RegionWest RegionTotalModel Thunder:East RegionRumbleUnitSalesVolume286Sonic Inc.Sales BudgetFor the Month Ending June 303293,9005,500$105UnitSellingPriceThunder83723,4506,200$205TotalSales Product and AreaModel Rumble:East RegionWest RegionTotalModel Thunder:East RegionWest RegionTotalTotal revenue from salesb. Prepare a production budget.Sonic Inc.Production BudgetFor the Month Ending June 30Expected units to be soldTotal units requiredPRTotal units to be producedUnits Model Rumble Units Model Thunder

The sales budget is referred as a financial forecast that outlines the expected sales revenues for a…

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

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

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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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 Model: Thunder Midwest Region South Region Total Total revenue from sales 1000 1000 Rumble LA 250 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume 287 2,400 5,800 $110 00 3 Thunder 75 65 Unit Selling Price Total Sales 2,100 6,550 $215 10000 1000
Vibrant 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 1 258 70 Desired inventory (units), June 30 296 61 Expected sales volume (units): North Region 3,250 3,650 South Region 5,200 4,500 Unit sales price $95 $185 a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Unit Total Sales Selling Sales Volume Price Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales b. Prepare a production budget. Vibrant Inc. Production Budget For the Month Ending June 30 Units Units Model Model Rumble Thunder Expected units to be sold Total units required Total units to be produced
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 1 260 64 Desired inventory (units), June 30 299 56 Expected sales volume (units): Midwest Region 2,900 2,550 South Region 5,650 4,900 Unit sales price $95 $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 South Region Accounting numeric field Total Model: Thunder Midwest Region South Region Total Total revenue from sales
Sonic Inc. manufacturers 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 1 280 76 Desired inventory (units), June 30 322 66 Expected sales volume (units): Midwest Region 3,500 3,900 South Region 5,700 4,950 Unit sales price $125 $210 Refer to the pictures for the sales budget and production budget template.
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 1 219 70 Desired inventory (units), June 30 252 61 Expected sales volume (units): Midwest Region 2,250 2,500 South Region 4,950 5,600 Unit sales price $115 $185 a. Prepare a sales budget. b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
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 1 750 300 Desired inventory (units), June 30 500 250 Expected sales volume (units): Midwest Region 12,000 3,500 South Region 14,000 4,000 Unit sales price $60 $90 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 86a7db043f8cf84_1 $fill in the blank 86a7db043f8cf84_2 $fill in the blank 86a7db043f8cf84_3 South Region fill in the blank 86a7db043f8cf84_4 fill in the blank 86a7db043f8cf84_5 fill in the blank 86a7db043f8cf84_6 Total fill in the blank 86a7db043f8cf84_7 $fill in the blank 86a7db043f8cf84_8 Model: Thunder Midwest Region fill in the…
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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 Model: Thunder Midwest Region South Region Total Total revenue from sales Feedback. Check My Work Expected units to be sold ✓ Desired inventory, June 30 ✔ Rumble Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Total units available Estimated inventory, June 1 750 Total units to be produced 500 12,000 14,000 $60 Thunder 300 250 3,500 4,000 $90 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…
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. Midwest Region South Region Total Model: Thunder Midwest Region South Region Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Total Total revenue from sales Rumble Thunder $ Total units available Total units to be produced 258 296 3,450 5,000 $115 Sonic Inc. Production Budget For the Month Ending June 30 75 65 b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3,050 5,650 $225 Units Rumble Units Thunder $
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