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Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production...

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Accounting

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 1 284 78
Desired inventory (units), June 30 327 68
Expected sales volume (units):
Midwest Region 3,750 4,200
South Region 5,600 4,850
Unit sales price $135 $200

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 $ $
South Region
Total $
Model: Thunder
Midwest Region $ $
South Region
Total $
Total revenue from sales $

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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
Expected units to be sold
Desired inventory, June 30
Total
Estimated inventory, June 1
Total units to be produced

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