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	296		72
Desired inventory (units), June 30	340		63
Expected sales volume (units):
North Region	4,400		3,850
South Region	5,300		4,600
Unit sales price	$125		$225

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	$fill in the blank	$fill in the blank
South Region	fill in the blank	fill in the blank	fill in the blank
Total	fill in the blank		$fill in the blank
Model Thunder:
North Region	fill in the blank	$fill in the blank	$fill in the blank
South Region	fill in the blank	fill in the blank	fill in the blank
Total	fill in the blank		$fill in the blank
Total revenue from sales			$fill in the blank

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	fill in the blank
	fill in the blank	fill in the blank
Total units required	fill in the blank	fill in the blank
	fill in the blank	fill in the blank
Total units to be produced	fill in the blank	fill in the blank