k Show Me How Calculator Sales and Production Budgets Harmony Audio Company manu
ID: 2535728 • Letter: K
Question
k
Show Me How
Calculator
Sales and Production Budgets
Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepare (a) a sales budget and (b) a production budget.
a. Prepare a sales budget.
b. Prepare a production budget.
DL XL Estimated inventory (units), September 1 238 71 Desired inventory (units), September 30 273 62 Expected sales volume (units): East Region 2,300 2,000 West Region 5,500 6,200 Unit sales price $135 $220Explanation / Answer
a Harmony Audio Company Sales Budget For the Month Ending September 30, 2016 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model DL: East Region 2300 135 310500 West Region 5500 135 742500 Total 1053000 Model XL: East Region 2000 220 440000 West Region 6200 220 1364000 Total 1804000 Total revenue from sales 2857000 b Harmony Audio Company Production Budget For the Month Ending September 30, 2016 Units Model DL Units Model XL Expected units to be sold 7800 8200 Plus desired inventory, September 30, 2016 273 62 Total 8073 8262 Less estimated inventory, September 1, 2016 238 71 Required production 7835 8191
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.