FINANCIAL ACCOUNTING
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South Region
Total
Total revenue from sales
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Once 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 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
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Remember 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 produced
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E Print Item
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 1
750
300
Desired inventory (units), June 30
500
250
Expected sales volume (units):
Midwest Region
12,000
3,500
South Region
14,000
4,000
Unit sales price
$60
$90
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
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- Please do not give solution in image format thankuarrow_forwardVibrant 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 salesarrow_forwardprovide 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 thanksarrow_forward
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