Harmony Audio Company manufactures two models of speakers, DL and XL. Based on t
ID: 2542593 • Letter: H
Question
Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2014, prepare (a) a sales budget and (b) a production budget.
a. Prepare a sales budget.
Harmony Audio Company
Sales Budget
For the Month Ending September 30, 2014
Product and Area
Unit Sales Volume
Unit Selling Price
Total Sales
Model DL:
East Region
$
$
West Region
Total
$
Model XL:
East Region
$
$
West Region
Total
$
Total revenue from sales
$
b. Prepare a production budget.
Harmony Audio Company
Production Budget
For the Month Ending September 30, 2014
Units Model DL
Units Model XL
Expected units to be sold
Plus desired inventory, September 30, 2014
Total
Less estimated inventory, September 1, 2014
Total units to be produced
DL XL Estimated inventory (units), September 1 288 92 Desired inventory (units), September 30 331 80 Expected sales volume (units): East Region 3,950 4,400 West Region 5,500 6,200 Unit sales price $125 $195
Explanation / Answer
Sales budget :
Model DL :
Production budget :
Unit sales volume Unit selling price SalesModel DL :
East region 3950 125 493750 West region 5500 125 687500 Total sales 9450 1181250 Model XL: East region 4400 195 858000 West region 6200 195 1209000 Total sales 10600 2067000Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.