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Prepare a production budget

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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

253

74

Desired inventory (units), June 30

291

64

Expected sales volume (units):

East Region

3,250

2,850

West Region

5,050

5,700

Unit sales price

$115

$185

Required -

a. Prepare a sales budget.

b. Prepare a production budget.

Reference no: EM133151495

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