Assignment
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.
|
|
DL
|
XL
|
|
Estimated inventory (units), September 1
|
298
|
74
|
|
Desired inventory (units), September 30
|
343
|
64
|
|
Expected sales volume (units):
|
|
|
|
East Region
|
4,150
|
3,650
|
|
West Region
|
5,650
|
4,900
|
|
Unit sales price
|
$130
|
$225
|
a. Prepare a sales budget
b. Prepare a production budget.