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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 1 284 79 Desired inventory (units), June 30 327 69 Expected sales volume (units): Midwest Region 4,300 4,800 South Region 5,050 4,400 Unit sales price $95 $225

Respuesta :

anthougo

Answer:

Sonic Inc.

a. Sales Budget for the month of June:

                                                         Rumble     Thunder          Total

Midwest Region                               4,300           4,800             9,100

South Region                                   5,050           4,400            9,450

Total units sold                                9,350           9,200           18,550

Sales price                                          $95            $225

Expected Sales Revenue         $888,250 $2,070,000  $2,958,250

b. Production Budget for the month of June:

                                                              Rumble     Thunder    Total

Desired inventory (units), June 30        327               69          396

Total units sold                                   9,350          9,200     18,550

Total units available for sale             10,287          9,269     19,556

Estimated inventory (units), June 1      284                79          363

Units to be produced                       10,003           9,190      19,193

Explanation:

a) Data and Calculations:

                                                        Rumble     Thunder

Estimated inventory (units), June 1     284             79

Desired inventory (units), June 30     327             69

Expected sales volume (units):

Midwest Region                               4,300        4,800

South Region                                   5,050        4,400

Unit sales price                                   $95        $225

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