Sales and Production BudgetsUltimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June. U500 S1000Estimated inventory (units), June 1265 66Desired inventory (units), June 30305 57Expected sales volume (units): Northeast Region3,100 2,750Southwest Region5,600 4,850Unit sales price$120 $205a. Prepare a sales budget. Enter all amounts as positive numbers.ULTIMATE AUDIO COMPANYSales BudgetFor the Month Ending June 30Product and AreaUnit Sales VolumeUnit Sales PriceTotal SalesModel 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 COMPANYProduction BudgetFor the Month Ending June 30 Model U500Model S1000Expected units to be sold Total Total units to be produced

Sales Budget: sales budgets are prepared to get an estimate of proposed sales of a company in future…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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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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