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Sales and Production Budgets

Vibrant Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget:

	Rumble		Thunder
Estimated inventory (units), June 1	254		70
Desired inventory (units), June 30	292		61
Expected sales volume (units):
North Region	3,250		3,650
South Region	5,100		4,450
Unit sales price	$95		$215

Once sales quantities are estimated, the expected sales revenue can be determined.

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b. Prepare a production budget.

	Units Model Rumble	Units Model Thunder
Expected units to be sold	fill in the blank 6ad570fd2f98036_1	fill in the blank 6ad570fd2f98036_2
Less desired inventory, June 30Less estimated inventory, June 1Plus desired inventory, June 30Plus estimated inventory, June 1	- Select -	- Select -
Total units required	fill in the blank 6ad570fd2f98036_6	fill in the blank 6ad570fd2f98036_7
Less desired inventory, June 30Less estimated inventory, June 1Plus desired inventory, June 30Plus estimated inventory, June 1	- Select -	- Select -
Total units to be produced	fill in the blank 6ad570fd2f98036_11	fill in the blank 6ad570fd2f98036_12