Business, 12.08.2020 04:01 ariloveshorses

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 a. Prepare a sales budget.

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Answer from: bambamshortymacc

please see explanation column

Explanation:

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

a) Sonic Inc. Sales Budget for June

Unit Sales Vol Unit Selling price Total Sales

Model Rumble:

Midwest Region 12000 60 $720,000

South Region 14000 60 $840,000

Total 1,560,000

Model Thunder:

Midwest Region 3500 $90 $315,000

South Region 4000 $90 $360,000

Total $675,000

Total revenue from sales1,560,000 +$675,000 =$2,235,000

B) Sonic Inc. Production budget for June

Units Model Rumble Units Model Thunder

Expected units to be sold 26000 7500

Add: Desired ending inventory + 500 + 250

Total units required 26500 7750

Less: Beginning inventory - 750 - 300

Total units to be produced $25750 $ 7450

Calculation :

Expected units to be sold =12,000 + 14,000 = $26,000

3,500 + 4,000 = $7,500

Total units required=Expected units to be sold+ Desired ending inventory

26000 +500 =$26,500

7,500 +250= $7,750

Answer from: Quest

answer; (1) blank; decreases; ///blank(2) increases; ///blank(3)increases;

Answer from: Quest

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough

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

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