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EX 8-6 Sales and production budgets Obj. 4 Sonic Inc. manufactures...

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Accounting

EX 8-6 Sales and production budgets
Obj. 4
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:
\table[[,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],[it sales price...,$60,$90
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