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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
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 1 233 62 Desired inventory (units), June 30 268 54 Expected sales volume (units): North Region 2,200 2,450 South Region 5,450 4,750 Unit sales price $120 $ 205 a. Prepare a sales budget. a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model Rumble: North Region South Region Total Model Thunder: 011 1101 II II QOQ QOld North Region $ South Region Total Total revenue from sales b. Prepare a production budget. Vibrant Inc. Production Budget For the Month Ending June 30 Units Units Model Model Rumble Thunder Expected units to be sold Total units required 100 Total units to be produced
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