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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Rumble 297 341 4,350 5,400 $125 00 00 8 Thunder 86 75 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales 3,850 6,100 $195 000 0000

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 6E: Sales and production budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder....
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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:
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
Midwest Region
South Region
Unit sales price
a. Prepare a sales budget.
Product and Area
Model: Rumble
Midwest Region
South Region
Total
Model: Thunder
Midwest Region
South Region
Total
Total revenue from sales
Rumble
1000 100
297
341
4,350
5,400
$125
Thunder
86
75
3,850
6,100
$195
Sonic Inc.
Sales Budget
For the Month Ending June 30
Unit Sales Volume Unit Selling Price Total Sales
00
000 0000
Transcribed Image Text: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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Rumble 1000 100 297 341 4,350 5,400 $125 Thunder 86 75 3,850 6,100 $195 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales 00 000 0000
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
Total units available
Total units to be produced
Units Rumble Units Thunder
00000
Transcribed Image Text: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 Total units available Total units to be produced Units Rumble Units Thunder 00000
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