Question

Sonic Inc. manufacturers two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) and production budget:

eBook Show Me How Calculator 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 256 Estimated Inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price 2,500 4,800 2,300 5,400 $205 $130 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 DJI 000 South Region Total Total revenue from sales

Answer 1

1) sales budget

Product and area	Unit sales volume	Unit selling price	Sales revenue
Model : Rumble
Midwest region	2500	130	325000
South region	4800	130	624000
Total			949000
Model : Thunder
Midwest region	2800	205	574000
South region	5400	205	1107000
Total			1681000
Total Sales revenue			2630000

Production budget

	Model rumble	Model thunder
Unit produced	7300	8200
Add: desired ending inventory	256	62
Total units available	7556	8262
Less: beginning inventory	-223	-71
Total units to be produced	7333	8191