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

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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 . . . . . . . . . . . . . . . . . . . . . . . . . . . 750..................300

Desired inventory (units), June 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500..................250

Expected sales volume (units):

Midwest Region. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000............3,500

South Region . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,000............4,000

Unit sales price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60..............$90

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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