Unit Unit Sales Selling Total Volume Price 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 Units Model Rumble Units Model Thunder Expected units to be sold Total units required Total units to be produced 00 00
Unit Unit Sales Selling Total Volume Price 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 Units Model Rumble Units Model Thunder Expected units to be sold Total units required Total units to be produced 00 00
Chapter1: Financial Statements And Business Decisions
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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
750
300
Desired inventory (units), June 30
500
250
Expected sales volume (units):
East Region
12,000
3,500
West Region
14,000
4,000
Unit sales price
$160
$200
a. Prepare a sales budget.
SONIC INC.
Sales Budget
For the Month Ending June 30
Unit
Unit
Sales
Selling
Total
Volume
Price
Sales
Product and Area
Model Rumble:
East Region
West Region
Total
Model Thunder:
East Region
West Region
Check My Work
Transcribed Image Text:* CengageNOWv2 | Online teachin x
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eBook
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Print Item
Unit
Sales
Unit
Selling
Total
Volume
Price
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
Units Model Rumble
Units Model Thunder
Expected units to be sold
Total units required
Total units to be produced
Check My Work
1 00 00
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