Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and...
Fantastic news! We've Found the answer you've been seeking!
Question:
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: Estimated inventory (units), June 11 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Rumble 244 280 2,850 5,150 $135 Thunder 78 68 3,200 5,800 $190 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales eBook Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Show Me How Total revenue from sales Total Unit Sales Volume Total units to be produced Print them Unit Selling Price Total Sales 8 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 00 0000 Units Rumble Units Thunder 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: Estimated inventory (units), June 11 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Rumble 244 280 2,850 5,150 $135 Thunder 78 68 3,200 5,800 $190 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales eBook Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Show Me How Total revenue from sales Total Unit Sales Volume Total units to be produced Print them Unit Selling Price Total Sales 8 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 00 0000 Units Rumble Units Thunder
Expert Answer:
Related Book For
Managerial Accounting
ISBN: 978-1337270595
14th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
Students also viewed these accounting questions
-
(10%) Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a) A sales budget (b) A productionbudget. Estimated inventory, March 1 Desired inventory,...
-
The Lifang Wu Corporation manufactures two models of industrial robots, the Alpha 1 and the Beta 2. The firm employs 5 technicians, working 160 hours each per month, on its assembly line. Management...
-
Prepare any journal entries based on the following data regarding the bank reconciliation prepared by Washington & Leigh Company on July 31, 2009. a. A customer's check for $260 was returned with the...
-
In a survey of 2230 U.S. adults, 1272 think that air travel is much more reliable than taking cruises. Construct a 95% confidence interval for the population proportion of U.S. adults who think that...
-
Discuss the differences between CDI and BDI. When would an advertiser use these indexes?
-
Suppose that you are the owner of a professional baseball team in a major city, and MLB allows a second team to locate in your city. On what basis should you be compensated?
-
Refer to the information in Exercise 16-6. Assume that Fields uses the FIFO method of process costing. 1. Calculate the equivalent units of production for the forming department. 2. Calculate the...
-
A process currently services an average of 50 customers per day. Observations in recent weeks show that its utilization rate, utilization is about 90 percent, allowing for just a 10 percent capacity...
-
Alberto plans to apply for a car loan. When should he check his credit report? Group of answer choices 1 month before applying for the loan Around 3 to 6 months before applying for the loan 1 week...
-
Assume you have an graph as following. Use Dijkstra Algortihm to calculate shortest path from vertex A to every vertex (manuel calculation). Write the Dijkstra code to generate this graph and find...
-
"Which of the following is a commercial blood cholesterol lowering agent ? CyclosporinA Statin Streptokinase Lipases"
-
Joseph Inc. acquired 10% of Thomp Corp.'s common shares at the beginning of the year for $500,000. Undistributed income was $10,000. During the second year, the company earned income of $120,000 and...
-
What role does globalization play in exacerbating or mitigating global inequalities, as wealth and resources become increasingly concentrated within transnational corporations and affluent regions,...
-
yright-UT 8 FALL CS1083- F Replace the variables highlighted in yellow public class FA20Q6S1{ AAA static void BBB String[] args) { String greeting = "Hi"; String farewell = "Bye" CCC int x = 0; if (x...
-
Nash's Trading Post, LLC's trial balance reported the following balances at the end of its first year: Cash $10360 Prepaid insurance 520 Accounts receivable 2590 Accounts payable 2070 Notes payable...
-
Address Hexadecimal ASCII ===== =========== ===== === 0 200003 JUMP 3 1 6 6 2 1 1 3 a02001 LOAD @1 4 b88001 STORE BX 5 c02002 SUB @2 6 2b000c JZ 12 7 b88006 STORE CX 8 f08001 MUL BX 9 b88001 STORE BX...
-
1) What is the free trade price of good Y? 2) How many units of good Y are traded under free trade? 3)If home country imposes a specific tariff of $15 per unit of good Y imported, what is the price...
-
Portal Manufacturing has total fixed costs of $520,000. A unit of product sells for $15 and variable costs per unit are $11. a). Prepare a contribution margin income statement showing predicted net...
-
Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity...
-
Three Rivers Inc. provides cable TV and Internet service to the local community. The activities and activity costs of Three Rivers are identified as follows: Activities Activity Cost Billing error...
-
Dip N' Dunk Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: a. Determine the present value index for...
-
What ethical issues might arise during the fact-finding process, and how should they be handled?
-
Why are conventional files easy to design and implement?
-
Determine the business's or organization's requirements through interviews, forms, surveys, JAD, and the like, and create the appropriate models and studies for the Web site. Don't forget to consider...
Study smarter with the SolutionInn App