Question

Show Me How Calculator 258 Sales and Production Budgets Son 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: Rumble Thunder Estimated inventory (units), June 1 Desire inventory (units), June 30 296 Expected sales volume (units): Midwest Region 2,700 3.000 South Region 5.750 6,500 Unit sales price $195 a. Prepare a sales budget Sonic Inc. Sales Budget For the Month Ending June 30 Product and Anna Unit Sales Volume Unit Selling Price Model: Rumble Total Sal Meest go South Region Model: Thunder Motword Region South Region Check My Work more Check My Works remaining Previous Next >

Answer 1

(a)	Sonic Inc.
	Sales Budget
	For the month ended June 30
	Product and Area	Unit sales volume	Unit selling price	Total sales
		(i)	(ii)	(i) X (ii)
	Model Rumble:
	Midwest region	2,700	$                                 135	$   3,64,500
	South region	5,750	$                                 135	$   7,76,250
	Total	8,450		$ 11,40,750
	Model Thunder:
	Midwest region	3,000	$                                 195	$   5,85,000
	South region	6,500	$                                 195	$ 12,67,500
	Total	9,500		$ 18,52,500
	Total revenue from sales			$ 29,93,250
(b)	Sonic Inc.
	Production Budget
	For the month ended June 30
		Units Model Rumble	Units Model Thunder
	Expected units to be sold	8,450	9,500
Add:	Estimated Inventory, June 31	296	71
	Total units available	8,746	9,571
Less:	Estimated Inventory, June 1	258	82
	Total units to be produced	8,488	9,489