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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 1 296 82
Desired inventory (units), June 30 340 71
Expected sales volume (units):
Midwest Region 4,150 4,650
South Region 5,550 4,850
Unit sales price
a. Prepare a sales budget. $135 $215
b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
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