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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:

	Rumble		Thunder
Estimated inventory (units), June 1	264		84
Desired inventory (units), June 30	303		73
Expected sales volume (units):
Midwest Region	3,600		4,050
South Region	5,050		5,700
Unit sales price	$105		$190

Question Content Area

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	fill in the blank f4e2a1fdf00e076_1	$fill in the blank f4e2a1fdf00e076_2	$fill in the blank f4e2a1fdf00e076_3
South Region	fill in the blank f4e2a1fdf00e076_4	fill in the blank f4e2a1fdf00e076_5	fill in the blank f4e2a1fdf00e076_6
Total	fill in the blank f4e2a1fdf00e076_7		$fill in the blank f4e2a1fdf00e076_8
Model: Thunder
Midwest Region	fill in the blank f4e2a1fdf00e076_9	$fill in the blank f4e2a1fdf00e076_10	$fill in the blank f4e2a1fdf00e076_11
South Region	fill in the blank f4e2a1fdf00e076_12	fill in the blank f4e2a1fdf00e076_13	fill in the blank f4e2a1fdf00e076_14
Total	fill in the blank f4e2a1fdf00e076_15		$fill in the blank f4e2a1fdf00e076_16
Total revenue from sales			$fill in the blank f4e2a1fdf00e076_17

Question Content Area

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

	Units Rumble	Units Thunder
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
DepreciationDesired inventory, June 30Direct laborEstimated inventory, June 1Supervisor salaries	- Select -	- Select -
Total units available	fill in the blank f4ab0cf33003f9a_7	fill in the blank f4ab0cf33003f9a_8
DepreciationDirect laborEstimated inventory, June 1Expected units to be soldSupervisor salaries	- Select -	- Select -
Total units to be produced	fill in the blank f4ab0cf33003f9a_12	fill in the blank f4ab0cf33003f9a_13

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