FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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:
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
Midwest Region
South Region
Unit sales price
a. Prepare a sales budget.
Product and Area
Model: Rumble
Midwest Region
South Region
Total
Model: Thunder
Midwest Region
South Region
Rumble
30 00
268
308
3,500
5,300
$125
00 00
Sonic Inc.
Sales Budget
For the Month Ending June 30
Unit Sales Volume Unit Selling Price Total Sales
8
Thunder
8
78
68
3,100
6,000
$225
QOQ QO
?
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Transcribed Image Text: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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Rumble 30 00 268 308 3,500 5,300 $125 00 00 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales 8 Thunder 8 78 68 3,100 6,000 $225 QOQ QO ?
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