Question

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 Estimated inventory (units), June 259 83 Desired Inventory (units), June 30 298 72 Expected sales volume (units): East Region 3,000 West Region 2,700 5,800 $110 6,550 Unit sales price $185 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model Rumble: East Region West Region Check My Work 2 more Check My Work uses remaining < Previous Next > Email Instructor Save and Exit Submit Assignment for Grading

Answer 1

Answer-a)

SONIC INC.
SALES BUDGET
FOR THE MONTH ENDING JUNE 30
PRODUCT & AREA	UNIT SALES VOLUME (a)	UNIT SELLING PRICE (b)	TOTAL SALES (c=a*b)
		$	$
Model Rumble
East Region	2700	110	297000
West Region	5800	110	638000
Total (a)	8500		935000
Model Thunder
East Region	3000	185	555000
West Region	6550	185	1211750
Total (b)	9550		1766750
Total Revenue from sales (c=a+b)			2701750

b)-

SONIC INC.
PRODUCTION BUDGET
FOR THE MONTH ENDING JUNE 30
PRODUCT	MODEL RUMBLE	MODEL THUNDER
Expected units to be sold	8500	9550
Add:- Desired ending inventory	298	72
Less:- Opening inventory	259	83
Unit to be produced	8539	9539