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	244		71
Desired inventory (units), June 30	280		62
Expected sales volume (units):
North Region	3,100		2,750
South Region	4,900		5,550
Unit sales price	$140		$215

Question Content Area

a. Prepare a sales budget.

Vibrant Inc. Sales Budget For the Month Ending June 30

Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Model Rumble:
North Region	fill in the blank 0f13f2fd4020014_1	$fill in the blank 0f13f2fd4020014_2	$fill in the blank 0f13f2fd4020014_3
South Region	fill in the blank 0f13f2fd4020014_4	fill in the blank 0f13f2fd4020014_5	fill in the blank 0f13f2fd4020014_6
Total	fill in the blank 0f13f2fd4020014_7		$fill in the blank 0f13f2fd4020014_8
Model Thunder:
North Region	fill in the blank 0f13f2fd4020014_9	$fill in the blank 0f13f2fd4020014_10	$fill in the blank 0f13f2fd4020014_11
South Region	fill in the blank 0f13f2fd4020014_12	fill in the blank 0f13f2fd4020014_13	fill in the blank 0f13f2fd4020014_14
Total	fill in the blank 0f13f2fd4020014_15		$fill in the blank 0f13f2fd4020014_16
Total revenue from sales			$fill in the blank 0f13f2fd4020014_17

Question Content Area

b. Prepare a production budget.

Vibrant Inc. Production Budget For the Month Ending June 30

	Units Model Rumble	Units Model Thunder
Expected units to be sold	fill in the blank 4c9c990ab03405a_1	fill in the blank 4c9c990ab03405a_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 4c9c990ab03405a_6	fill in the blank 4c9c990ab03405a_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 4c9c990ab03405a_11	fill in the blank 4c9c990ab03405a_12