FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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 | ||
Model U500 | Model S1000 | |
Expected units to be sold | ||
Total | ||
Total units to be produced |
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