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	270		75
Desired inventory (units), June 30	310		65
Expected sales volume (units):
North Region	3,550		4,000
South Region	5,300		4,600
Unit sales price	$95		$195

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 a847ab08efdbfb4_1	$fill in the blank a847ab08efdbfb4_2	$fill in the blank a847ab08efdbfb4_3
South Region	fill in the blank a847ab08efdbfb4_4	fill in the blank a847ab08efdbfb4_5	fill in the blank a847ab08efdbfb4_6
Total	fill in the blank a847ab08efdbfb4_7		$fill in the blank a847ab08efdbfb4_8
Model Thunder:
North Region	fill in the blank a847ab08efdbfb4_9	$fill in the blank a847ab08efdbfb4_10	$fill in the blank a847ab08efdbfb4_11
South Region	fill in the blank a847ab08efdbfb4_12	fill in the blank a847ab08efdbfb4_13	fill in the blank a847ab08efdbfb4_14
Total	fill in the blank a847ab08efdbfb4_15		$fill in the blank a847ab08efdbfb4_16
Total revenue from sales			$fill in the blank a847ab08efdbfb4_17

Question Content Area

b. Prepare a production budget.

	Units Model Rumble	Units Model Thunder
Expected units to be sold	fill in the blank 3024fc02304206a_1	fill in the blank 3024fc02304206a_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 3024fc02304206a_6	fill in the blank 3024fc02304206a_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 3024fc02304206a_11	fill in the blank 3024fc02304206a_12