#1 Sales and Production BudgetsUltimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June.U500S1000Estimated inventory (units), June 129783Desired inventory (units), June 3034172Expected sales volume (units):Northeast RegionSouthwest RegionUnit sales price4,3004,8005,4504,750$120$190a. Prepare a sales budget. Enter all amounts as positive numbers.Product and AreaModel U500:Northeast RegionSouthwest RegionTatalULTIMATE AUDIO COMPANYSales BudgetFor the Month Ending June 30Unit Sales Volume Unit Sales PriceTotal Sales000 Unit sales price5,4504,$120$190a. Prepare a sales budget. Enter all amounts as positive numbers.ULTIMATE AUDIO COMPANYSales BudgetFor the Month Ending June 30Product and AreaModel U500:Northeast RegionSouthwest RegionTotalModel S1000:Northeast RegionSouthwest RegionTotalTotal revenue from salesFeedbackUnit Sales VolumeUnit Sales Price Total SalesDO

Answered: Sales and Production Budgets Ultimate…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 5E: Prepare a cost of goods sold budget for MacLaren Manufacturing Inc. for the year ended December 31,...

See similar textbooks

Similar questions

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) a production budget: Rumble Thunder estimated inventory (units), June 1 280 76 Desired inventory (units), June 30 322 66 Expected sales volume (units): Midwest Region 3,500 3,900 South Region 5,700 4,950 Unit sales price $125 $210 Refer to the pictures for the sales budget and production budget template.
6. 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 1 262 72 Desired inventory (units), June 30 301 63 Expected sales volume (units): East Region 3,550 4,000 West Region 5,050 4,400 Unit sales price $125 $225 a. Prepare a sales budget.
Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June. U500 S1000 Estimated inventory (units), June 1 265 66 Desired inventory (units), June 30 305 57 Expected sales volume (units): Northeast Region 3,100 2,750 Southwest Region 5,600 4,850 Unit sales price $120 $205 a. Prepare a sales budget. Enter all amounts as positive numbers. ULTIMATE AUDIO COMPANY Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Sales Price Total Sales Model U500: Northeast Region $ $ Southwest Region Total $ Model S1000: Northeast Region $ $ Southwest Region Total $ Total revenue from sales $ b. Prepare a production budget. Enter all amounts as positive numbers. ULTIMATE AUDIO COMPANY Production Budget For the Month Ending June 30…
Prepare a cost of goods sold budget for MacLaren Manufacturing Inc. for the year ended December 31, 2016, from the following estimates. Inventories of production units: Direct materials purchased during the year, 548,000; beginning inventory of direct materials, 36,000; and ending inventory of direct materials, 23,000. Totals from other budgets included:
Quality Cost Report Loring Company had total sales of 2,400,000 for fiscal 20X1. The costs of quality-related activities are given below. Required: 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. What message does the cost report provide? 2. Prepare a bar graph and pie chart that illustrate each categorys contribution to total quality costs. Comment on the significance of the distribution.
Quality Cost Report Whitley Company had total sales of 1,000,000 for the year ending 20X1. The costs of quality are given below. Required: 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. What message does the cost report provide? 2. Prepare a bar graph and pie chart that illustrate each categorys contribution to total quality costs. Comment on the significance of the distribution.
Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June. U500 S1000 Estimated inventory (units), June 1 286 92 Desired inventory (units), June 30 329 80 Expected sales volume (units): Northeast Region 3,800 4,250 Southwest Region 5,600 6,350 Unit sales price $125 $205 a. Prepare a sales budget. Enter all amounts as positive numbers. ULTIMATE AUDIO COMPANY Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Sales Price Total Sales Model U500: Northeast Region fill in the blank f7f4aafbc02af90_1 $fill in the blank f7f4aafbc02af90_2 $fill in the blank f7f4aafbc02af90_3 Southwest Region fill in the blank f7f4aafbc02af90_4 fill in the blank f7f4aafbc02af90_5 fill in the blank f7f4aafbc02af90_6 Total fill in the blank f7f4aafbc02af90_7 $fill in the blank f7f4aafbc02af90_8 Model…
QMW Company manufactures two models of microcassette recorders, VCH and MTV. Based on the following production data for April of the current year, prepare a production budget for April. VCH MTV Estimated inventory (units), April 1 2,600 3,900 Desired inventory (units), April 30 5,200 3,250 Expected sales volume (units): Eastern zone 10,500 12,960 Midwest zone 17,000 19,800 Western zone 4,500 9,840 QMW Company Production Budget For Month Ending April 30, 2023 VCH MTV Total Production
Sales and production budgets Bowser 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 11 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price 256 294 3,550 4,850 $145 75 65 3,100 5,500 1220
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 1 288 92 Desired inventory (units), June 30 331 80 Expected sales volume (units): Midwest Region 4,250 4,750 South Region 5,200 5,900 Unit sales price $115 $210
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 1 251 69 Desired inventory (units), June 30 289 60 <) Expected sales volume (units): Midwest Region 3,200 3,600 South Region 5,050 4,400 Unit sales price $140 $195 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 Total Total revenue from 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 Total units available Total units to be produced
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 1 211 62 Desired inventory (units), June 30 242 54 Expected sales volume (units): East Region 2,100 1,850 West Region 4,800 5,400 Unit sales price $115 $210 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area UnitSalesVolume UnitSellingPrice TotalSales Model Rumble: East Region $ $ West Region Total $ Model Thunder: East Region $ $ West Region Total $ Total revenue from sales $ b. Prepare a production budget. Sonic Inc. Production Budget For the Month Ending June 30 Units Model Rumble Units Model Thunder Expected units to be sold…

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS