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.
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.
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 2.5C
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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.
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