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 1 262   72 Desired inventory (units), June 30 301   63 Expected sales volume (units):       East Region 3,550   4,000 West Region 5,050   4,400 Unit sales price $125   $225

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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6. 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 1 262   72
Desired inventory (units), June 30 301   63
Expected sales volume (units):      
East Region 3,550   4,000
West Region 5,050   4,400
Unit sales price $125   $225

a.  Prepare a sales budget.

 

Sonic Inc.
Sales Budget
For the Month Ending June 30
Unit
Unit
Total
Sales
Selling
Sales
Volume
Price
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.
%24
%24
%24
%24
%24
Transcribed Image Text:Sonic Inc. Sales Budget For the Month Ending June 30 Unit Unit Total Sales Selling Sales Volume Price 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. %24 %24 %24 %24 %24
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
Total units required
Total units to be produced
Transcribed Image Text: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 Total units required Total units to be produced
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