Home* CengageNOWv2 | Online teachin xtakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseeBookShow Me HowPrint ItemSouth RegionTotalTotal revenue from salesFeedbackTCheck My VWorkOnce sales quantities are estimated, the expected sales revenue can be determined.b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.Sonic Inc.Production BudgetFor the Month Ending June 30Units RumbleUnits ThunderExpected units to be soldDirect laborTotal units availableEstimated inventory, June 1Total units to be producedFeedbackTCheck My WorkRemember to take into account expected units to be sold plus desired units in ending inventory less estimated units in beginning inventory when calculating total units to be producedCheck My Work 2 more Check My Work Luses remainingPreviousNextSave and ExitSubmit Assignment for GradingAll work saved. Bome* CengageNOwv2 |Online teachin x+akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseеВookShow Me HowE Print ItemSales and Production BudgetsSonic 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:RumbleThunderEstimated inventory (units), June 1750300Desired inventory (units), June 30500250Expected sales volume (units):Midwest Region12,0003,500South Region14,0004,000Unit sales price$60$90a. Prepare a sales budget,Sonic Inc.Sales BudgetFor the Month Ending June 30Product and AreaUnit Sales VolumeUnit Selling PriceTotal SalesModel: RumbleMidwest RegionSouth RegionTotalModel: ThunderMidwest RegionSouth RegionPreviousNext>Check My Work 2 more Check My Work uses remaining

A sales budget is a projection of sales for a long term financial period by management. 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 Expected units to be sold Direct labor Total units available Estimated inventory, June 1 Total units to be produced Feedback Check My Work

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 Direct labor Total units available Estimated inventory, June 1 Total units to be produced Feedback Check My Work

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Vibrant 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 Desired inventory 250 75 287 65 (units), June 30 Expected sales volume (units): North Region 2,400 2,100 South Region 5,800 6,550 Unit sales price $125 $225 a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Sales Selling Volume Price Unit Total Sales Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales
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provide the followinf inforamtion to help prepare the master budget for the next four months of opration Could you solve ( D , E , F and G ) only thanks
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e. Manufacturing Overhead Budget Sales Revenue The Eastern Technology Company manufactures Weather Radios for sale to retailers such as Wal-Mart, Target, etc. The 2016 quarterly unit sales estimates and projected sales prices per unit areas follows: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Sales units 9,200 9,300 9,500 9,400 Price per unit $90 $90 $90 $90 Also, note that that projected sales (and projected production) for Quarter 1 of 2017 is 10,000 units Product Cost Assumptions The company's product requires two raw materials, resistors and switches. Cost parameters are as follows: Number of Components/Unit Switches @ $4/switch 3 Resistors @ $8/switch 2 Number of minutes required to complete finished unit Direct labor minutes per unit Machine minutes per unit 30 12 Hour rates used Direct labor rate= $10/hour Manufacturing overhead rates (i.e., the PDOHRS to use to apply overhead) Labor-related= $25/hour Machine-related= $40/hour Eastern applies manufacturing overhead using two cost…
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Can you fill in the blanks correctly and format it as the table that i sent, please, also here are the options for the drop downs on the leftBeginning Direct Materials Direct Materials Purchases Direct Materials Per Unit Total Required UnitsTotal Materials RequiredDesired Ending Direct Materials Desired Ending Finished Goods Unit Expected Unit SalesRequired Production Units Beginning Finished Goods Unit
Q. prepare Direct material usage budget and direct material purchases budget in both units and dollars; round to dollars for june.
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
please answer all requirements with all working answer in text no image no handwritten