Question

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and...

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:

Rumble Thunder
Estimated inventory (units), June 1 260 76
Desired inventory (units), June 30 299 66
Expected sales volume (units):
Midwest Region 3,650 3,200
South Region 4,900 5,550
Unit sales price $95 $200

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
Midwest Region $ $
South Region
Total $
Model: Thunder
Midwest Region $ $
South Region
Total $
Total revenue from sales $

b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Sonic Inc.
Production Budget
For the Month Ending June 30
Units Rumble Units Thunder
Total
Total units to be produced

Homework Answers

Answer #1
Sonic Inc.
Sales Budget
For the Month Ending June 30
Product and Area Unit Sales Volume Unit Selling Price Total Sales
Model: Rumble
Midwest Region 3,650 95 346750
South Region 4,900 95 465500
Total 8,550 812250
Model: Thunder
Midwest Region 3,200 200 640000
South Region 5,550 200 1110000
Total 8,750 1750000
Total revenue from sales $
Sonic Inc.
Production Budget
For the Month Ending June 30
Units Rumble    Units Thunder
Expected units to be sold 8,550 8,750
Desired inventory, June 30 299 66
Total 8,849 8,816
Estimated inventory, June 1 260 76
Total units to be produced 8,589 8,740
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