Week 11: Class assignments (CH. 13) Principles of Managerial Accounting
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Question Content Area
Sales and Production Budgets
Bass Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June.
U500 S1000 Estimated inventory (units), June 1 12,500 5,000 Desired inventory (units), June 30 15,000 7,500 Expected sales volume (units): Northeast Region 70,000 50,000 Southwest Region 80,000 62,500 Unit sales price $45 $80
Question Content Area
a. Prepare a sales budget. Enter all amounts as positive numbers.
BASS AUDIO COMPANY Sales Budget
For the Month Ending June 30
Product and Area Unit Sales Volume Unit Selling Price Total Sales Model U500: Northeast Region fill in the blank 454681fe0fb1041_1 $fill in the blank 454681fe0fb1041_2 $fill in the blank 454681fe0fb1041_3 Southwest Region fill in the blank 454681fe0fb1041_4 fill in the blank 454681fe0fb1041_5 fill in the blank 454681fe0fb1041_6 Total fill in the blank 454681fe0fb1041_7 $fill in the blank 454681fe0fb1041_8 Model S1000: Northeast Region fill in the blank 454681fe0fb1041_9 $fill in the blank 454681fe0fb1041_10 $fill in the blank 454681fe0fb1041_11 Southwest Region fill in the blank 454681fe0fb1041_12 fill in the blank 454681fe0fb1041_13 fill in the blank 454681fe0fb1041_14 Total fill in the blank 454681fe0fb1041_15 $fill in the blank 454681fe0fb1041_16 Total revenue from sales $fill in the blank 454681fe0fb1041_17 Question Content Area
b. Prepare a production budget.
BASS AUDIO COMPANY Production Budget
For the Month Ending June 30
U500 S1000 Expected units to be sold fill in the blank ea21cafdbffe056_1 fill in the blank ea21cafdbffe056_2
Less desired inventory, June 30 Less estimated inventory, June 1 Plus desired inventory, June 30 Plus estimated inventory, June 1
– Select – – Select – Total fill in the blank ea21cafdbffe056_6 fill in the blank ea21cafdbffe056_7
Less desired inventory, June 30 Less estimated inventory, June 1 Plus desired inventory, June 30 Plus estimated inventory, June 1
– Select – – Select – Total units to be produced fill in the blank ea21cafdbffe056_11 fill in the blank ea21cafdbffe056_12
