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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
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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 1 235 75 Desired inventory (units), June 30 270 65 Expected sales volume (units): North Region 2,800 3,150 South Region 4,900 5,550 Unit sales price $145 $195
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 84ad8cfaf06a033_1 $fill in the blank 84ad8cfaf06a033_2 $fill in the blank 84ad8cfaf06a033_3 South Region fill in the blank 84ad8cfaf06a033_4 fill in the blank 84ad8cfaf06a033_5 fill in the blank 84ad8cfaf06a033_6 Total fill in the blank 84ad8cfaf06a033_7 $fill in the blank 84ad8cfaf06a033_8 Model Thunder: North Region fill in the blank 84ad8cfaf06a033_9 $fill in the blank 84ad8cfaf06a033_10 $fill in the blank 84ad8cfaf06a033_11 South Region fill in the blank 84ad8cfaf06a033_12 fill in the blank 84ad8cfaf06a033_13 fill in the blank 84ad8cfaf06a033_14 Total fill in the blank 84ad8cfaf06a033_15 $fill in the blank 84ad8cfaf06a033_16 Total revenue from sales $fill in the blank 84ad8cfaf06a033_17
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 47c6baffbff707e_1 fill in the blank 47c6baffbff707e_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 47c6baffbff707e_6 fill in the blank 47c6baffbff707e_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 47c6baffbff707e_11 fill in the blank 47c6baffbff707e_12
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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 | 235 | 75 | |
Desired inventory (units), June 30 | 270 | 65 | |
Expected sales volume (units): | |||
North Region | 2,800 | 3,150 | |
South Region | 4,900 | 5,550 | |
Unit sales price | $145 | $195 |
a. Prepare a sales budget.
Product and Area | Unit Sales Volume | Unit Selling Price | Total Sales |
Model Rumble: | |||
North Region | fill in the blank 84ad8cfaf06a033_1 | $fill in the blank 84ad8cfaf06a033_2 | $fill in the blank 84ad8cfaf06a033_3 |
South Region | fill in the blank 84ad8cfaf06a033_4 | fill in the blank 84ad8cfaf06a033_5 | fill in the blank 84ad8cfaf06a033_6 |
Total | fill in the blank 84ad8cfaf06a033_7 | $fill in the blank 84ad8cfaf06a033_8 | |
Model Thunder: | |||
North Region | fill in the blank 84ad8cfaf06a033_9 | $fill in the blank 84ad8cfaf06a033_10 | $fill in the blank 84ad8cfaf06a033_11 |
South Region | fill in the blank 84ad8cfaf06a033_12 | fill in the blank 84ad8cfaf06a033_13 | fill in the blank 84ad8cfaf06a033_14 |
Total | fill in the blank 84ad8cfaf06a033_15 | $fill in the blank 84ad8cfaf06a033_16 | |
Total revenue from sales | $fill in the blank 84ad8cfaf06a033_17 |
b. Prepare a production budget.
Units Model Rumble | Units Model Thunder | |
Expected units to be sold | fill in the blank 47c6baffbff707e_1 | fill in the blank 47c6baffbff707e_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 47c6baffbff707e_6 | fill in the blank 47c6baffbff707e_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 47c6baffbff707e_11 | fill in the blank 47c6baffbff707e_12 |
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