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devlian [24]
3 years ago
14

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p

repare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 260 64 Desired inventory (units), June 30 299 56 Expected sales volume (units): Midwest Region 3,650 3,200 South Region 4,900 4,250 Unit sales price $135 $210 a. Prepare a sales budget.
Business
1 answer:
Sonbull [250]3 years ago
6 0

Answer:

Sonic Inc.

a) Sales Budget:

                                      Rumble            Thunder

Total units sold              8,550                7,450

Unit sales price               $135                  $210

Sales value            $1,154,250       $1,564,500

b) Production Budget:

                                                        Rumble      Thunder

Total units sold                                    8,550          7,450

Desired inventory (units), June 30       299               56

Estimated inventory (units), June 1       260               64

Units to be produced                         8,589           7,442

Explanation:

a) Data and Calculations:

                                                           Rumble      Thunder

Total units sold                                    8,550          7,450

Desired inventory (units), June 30       299               56

Estimated inventory (units), June 1       260               64

Units Produced                                   8,589           7,442

                                              Rumble      Thunder

Expected sales volume (units):

Midwest Region                     3,650          3,200  

South Region                         4,900          4,250

Total units sold                      8,550          7,450

Unit sales price                       $135            $210

a) The Sonic Inc.'s sales budget determines the production budget.  When the quantity to be sold is obtained, then production planning can take place based on meeting customers' demand for goods or services.

b) The Production budget is a bye-product of the sales budget, though, it is critical in the whole value chain.  It is the production budget that guides production planning, including the type, design, and other features of the product.

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When purchasing disposable surgical gowns, Mercy Hospital's vice president of purchasing analyzes whether the hospital should bu
Stolb23 [73]

Answer: user

Explanation:

Following the information given in the question, the surgeons perform the role of the users.

The users are the people who uses the product. They also initiate the process regarding the purchase of the product as well as generate the specifications of the purchase.

Based on the above explanation, the correct answer is $user".

8 0
3 years ago
Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
Nastasia [14]

Answer:

Equivalent units = 270,000

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Completed Units= total units in process during April - Closing WIP

                            = 280,000 - 25,000 = 255,000

Note that the description 'total units in process in during April', implies that the opening inventory is inclusive in the figure of 280,000.

Equivalent units = degree of completion(%) × units

Item                                                                                       Equivalent units

Completed units                255,000   255,000× 100%  = 255,000

Closing work in progress    25,000    25,000× 60%     =  <u>15,000</u>

Total equivalent units                                                           <u>270,000 </u>

Equivalent units = 270,000

6 0
3 years ago
It was 8:00 a.m. on Saturday morning. Liz just learned that her well-meaning cousins were headed over to help her unpack her hou
Ymorist [56]

Answer:

empowered

Explanation:

According to my research on employee roles and responsibilities, I can say that based on the information provided within the question in this situation we can say that the employee was empowered. This can be said because he too the initiative in order fix the problem in a way that would leave the customer happy and wanting to come back again.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. The present value of an annuity fa
Nat2105 [25]

Answer: $8,391.90

Explanation:

So the company borrowed $40,000 from a bank.

They are to pay 7% interest on the note per year for 6 years.

We are to find the annual payments.

7% represents a constant payment schedule per year so we can use an Annuity formula.

Seeing as the Annuity factor has been calculated for us already we don't need to formula though.

The present value of an annuity factor for 6 years at 7% is 4.7665.

Calculating the present value of the annual payment can be done as follows,

= Amount / PVIFA (Present Value Interest Factor for an Annuity)

= 40,000/4.7665

= 8391.90181475

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The annual payments equal $8,391.90.

5 0
3 years ago
Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.
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Answer: The creation of a government set price for gasoline by ni government.

Explanation:

In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.

7 0
3 years ago
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