Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales
Question:
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
Step by Step Answer:
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac