Harmony audio company manufactures two models of speakers

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.

	DL		XL
Estimated inventory (units), September 1	229		68
Desired inventory (units), September 30	263		59
Expected sales volume (units):
East Region	2,550		2,250
West Region	4,950		5,600
Unit sales price	$145		$195

Hide 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 $

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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