Question
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
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 | 231 | 57 | |
Desired inventory (units), June 30 | 266 | 50 | |
Expected sales volume (units): | |||
North Region | 2,450 | 2,150 | |
South Region | 5,150 | 4,500 | |
Unit sales price | $145 | $185 |
Question Content Area
a. Prepare a sales budget.
Product and Area | Unit Sales Volume | Unit Selling Price | Total Sales |
Model Rumble: | |||
North Region | fill in the blank fefdf4ffa019f95_1 | $fill in the blank fefdf4ffa019f95_2 | $fill in the blank fefdf4ffa019f95_3 |
South Region | fill in the blank fefdf4ffa019f95_4 | fill in the blank fefdf4ffa019f95_5 | fill in the blank fefdf4ffa019f95_6 |
Total | fill in the blank fefdf4ffa019f95_7 | $fill in the blank fefdf4ffa019f95_8 | |
Model Thunder: | |||
North Region | fill in the blank fefdf4ffa019f95_9 | $fill in the blank fefdf4ffa019f95_10 | $fill in the blank fefdf4ffa019f95_11 |
South Region | fill in the blank fefdf4ffa019f95_12 | fill in the blank fefdf4ffa019f95_13 | fill in the blank fefdf4ffa019f95_14 |
Total | fill in the blank fefdf4ffa019f95_15 | $fill in the blank fefdf4ffa019f95_16 | |
Total revenue from sales | $fill in the blank fefdf4ffa019f95_17 |
Question Content Area
b. Prepare a production budget.
Units Model Rumble | Units Model Thunder | |
Expected units to be sold | fill in the blank e70053f94fe902f_1 | fill in the blank e70053f94fe902f_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 e70053f94fe902f_6 | fill in the blank e70053f94fe902f_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 e70053f94fe902f_11 | fill in the blank e70053f94fe902f_12 |
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