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 | 800 | 200 | |
| Desired inventory (units), June 30 | 950 | 400 | |
| Expected sales volume (units): | |||
| North Region | 15,000 | 2,500 | |
| South Region | 20,000 | 3,000 | |
| Unit sales price | $140 | $220 |
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 6717fcff7ffffcd_1 | $fill in the blank 6717fcff7ffffcd_2 | $fill in the blank 6717fcff7ffffcd_3 |
| South Region | fill in the blank 6717fcff7ffffcd_4 | fill in the blank 6717fcff7ffffcd_5 | fill in the blank 6717fcff7ffffcd_6 |
| Total | fill in the blank 6717fcff7ffffcd_7 | $fill in the blank 6717fcff7ffffcd_8 | |
| Model Thunder: | |||
| North Region | fill in the blank 6717fcff7ffffcd_9 | $fill in the blank 6717fcff7ffffcd_10 | $fill in the blank 6717fcff7ffffcd_11 |
| South Region | fill in the blank 6717fcff7ffffcd_12 | fill in the blank 6717fcff7ffffcd_13 | fill in the blank 6717fcff7ffffcd_14 |
| Total | fill in the blank 6717fcff7ffffcd_15 | $fill in the blank 6717fcff7ffffcd_16 | |
| Total revenue from sales | $fill in the blank 6717fcff7ffffcd_17 |
Question Content Area
b. Prepare a production budget.
| Units Model Rumble | Units Model Thunder | |
| Expected units to be sold | fill in the blank 6ff2c6fa5f8a075_1 | fill in the blank 6ff2c6fa5f8a075_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 6ff2c6fa5f8a075_6 | fill in the blank 6ff2c6fa5f8a075_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 6ff2c6fa5f8a075_11 | fill in the blank 6ff2c6fa5f8a075_12 |
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Performance Audit Report Property Assessment Division Department Of Revenue
Authors: Montana Legislature Office Of The L
1st Edition
1019260211, 978-1019260210
