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	248		62
Desired inventory (units), June 30	285		54
Expected sales volume (units):
North Region	2,700		2,400
South Region	5,450		4,750
Unit sales price	$105		$205

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 82f501fddf83fb2_1	$fill in the blank 82f501fddf83fb2_2	$fill in the blank 82f501fddf83fb2_3
South Region	fill in the blank 82f501fddf83fb2_4	fill in the blank 82f501fddf83fb2_5	fill in the blank 82f501fddf83fb2_6
Total	fill in the blank 82f501fddf83fb2_7		$fill in the blank 82f501fddf83fb2_8
Model Thunder:
North Region	fill in the blank 82f501fddf83fb2_9	$fill in the blank 82f501fddf83fb2_10	$fill in the blank 82f501fddf83fb2_11
South Region	fill in the blank 82f501fddf83fb2_12	fill in the blank 82f501fddf83fb2_13	fill in the blank 82f501fddf83fb2_14
Total	fill in the blank 82f501fddf83fb2_15		$fill in the blank 82f501fddf83fb2_16
Total revenue from sales			$fill in the blank 82f501fddf83fb2_17

Question Content Area

b. Prepare a production budget.

	Units Model Rumble	Units Model Thunder
Expected units to be sold	fill in the blank 3e7f53fd707dff3_1	fill in the blank 3e7f53fd707dff3_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 3e7f53fd707dff3_6	fill in the blank 3e7f53fd707dff3_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 3e7f53fd707dff3_11	fill in the blank 3e7f53fd707dff3_12