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 64 Desired inventory (units), June 30 299 56 Expected sales volume (units): Midwest Region 2,900 2,550 South Region 5,650 4,900 Unit sales price $95 $220 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 Accounting numeric field Total Model: Thunder Midwest Region South Region Total Total revenue from sales

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
64
Desired inventory (units), June 30
299
56
Expected sales volume (units):
Midwest Region
2,900
2,550
South Region
5,650
4,900
Unit sales price
$95
$220
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
Accounting numeric field
Total
Model: Thunder
Midwest Region
South Region
Total
Total revenue from sales
Transcribed Image Text: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 64 Desired inventory (units), June 30 299 56 Expected sales volume (units): Midwest Region 2,900 2,550 South Region 5,650 4,900 Unit sales price $95 $220 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 Accounting numeric field Total Model: Thunder Midwest Region South Region Total Total revenue from sales
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