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Remember to take into account expected units to be sold plus desired units in ending inventory less estimated units in beginning inventory when calculating total
Remember to take into account expected units to be sold plus desired units in ending inventory less estimated units in beginning inventory when calculating total units to be produced.
Sales and Production Budgets 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 1 276 68 Desired inventory (units), June 30 317 59 Expected sales volume (units): Midwest Region 3,850 3,400 South Region 5,200 4,500 Unit sales price $145 $225 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Feedback Unit Sales Volume Unit Selling Price Total Sales $ $ S S S S Once sales quantities are estimated, the expected sales revenue can be determined. Learning Objective 4. 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 Expected units to be sold Desired inventory, June 30 Total Estimated inventory, June 1 Total units to be produced Units Rumble Units Thunder
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