Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sales and production budgets sonic inc. manufactur

Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based...

90.2K

Verified Solution

Question

Accounting

image
image
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 286 83 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): 329 72 Midwest Region 4,350 3,850 5,050 5,700 South Region Unit sales price $145 $220 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region 10 B B South Region Total Do Model: Thunder Midwest Region $ Midwest Region South Region Total Model: Thunder Midwest Region DD DDD South Region I) Total Total revenue from sales - 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 Units Rumble Units Thunder Total units available Total units to be produced

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

You’ve been asked to use the following historical sales information to forecast next year’s sales for...

Basic Math
1.2K views

The following table summarizes the results of a two-factor ANOVA evaluating an independent-measures experiment with 2...

Statistics
1.2K views

It is thought that prehistoric Indians did not take their best tools, pottery, and household items...

Basic Math
1.2K views

In 300 words, what are the different types of variables, give an example for each

Economics
1.2K views

Discuss how each of the following events affects the number of hours the individual would like...

Biology
1.2K views

oring oring conduct to give or receive informatio quiz Please do not move away from...

Biology
1.2K views

After Napoleon s defeat in 1815 what were Germany s 39 separate states connected through...

Physics
1.2K views

The current density j inside a long solid cylindrical wire of radius R 12 mm...

Basic Math
1.2K views

A recipe for trail mix uses 7 ounces of almonds with 5 ounces of raisins....

Statistics
1.2K views

Data on a customer satisfaction rating called the APEAL rating are given for each brand...

Accounting
1.2K views

Lucia Company has set the following standard cost per unit for direct materials and direct...

Accounting
1.2K views

Cheyenne Company owns specialized equipment that was purchased in an acquisition of Riding Company. The...