60.1K

Verified Solution

Link Copied!

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	256		75
Desired inventory (units), June 30	294		65
Expected sales volume (units):
Midwest Region	3,300		2,900
South Region	5,100		5,750
Unit sales price	$100		$215

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 1 256 75 Desired inventory (units), June 30 ( 294 65 Expected sales volume (units): Midwest Region 3,300 2,900 South Region 5,100 5,750 Unit sales price $100 $215 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region Total Sales South Region Total Model: Thunder : Midwest Region South Region Doom too Total Total revenue from sales 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 Total units available 3 Total units to be produced

Answer & Explanation Solved by verified expert

See Answer