Sales and A budget of estimated unit production.Production
Budgets
Sonic Inc. manufactures two models of speakers, Rumble...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Sales and A budget of estimated unit production.ProductionBudgets
Sonic Inc. manufactures two models of speakers, Rumble andThunder. 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
278
69
Desired inventory (units), June 30
320
60
Expected sales volume (units):
East Region
3,900
3,450
West Region
5,250
4,550
Unit sales price
$110
$225
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:
East Region
$
$
West Region
Total
$
Model Thunder:
East Region
$
$
West Region
Total
$
Total revenue from sales
$
Feedback
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
Less estimated inventory, June 1
Plus desired inventory, June 30
Total units required
Less estimated inventory, June 1
Plus desired inventory, June 30
Total units to be produced
Answer & Explanation
Solved by verified expert
4.1 Ratings (670 Votes)
Ansa Statement of Sales Budget Sonic Inc Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
