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	294		72
Desired inventory (units), June 30	338		63
Expected sales volume (units):
North Region	3,850		3,400
South Region	5,800		5,050
Unit sales price	$120		$185

Question Content Area

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 758921fa3fb3f89_1	$fill in the blank 758921fa3fb3f89_2	$fill in the blank 758921fa3fb3f89_3
South Region	fill in the blank 758921fa3fb3f89_4	fill in the blank 758921fa3fb3f89_5	fill in the blank 758921fa3fb3f89_6
Total	fill in the blank 758921fa3fb3f89_7		$fill in the blank 758921fa3fb3f89_8
Model Thunder:
North Region	fill in the blank 758921fa3fb3f89_9	$fill in the blank 758921fa3fb3f89_10	$fill in the blank 758921fa3fb3f89_11
South Region	fill in the blank 758921fa3fb3f89_12	fill in the blank 758921fa3fb3f89_13	fill in the blank 758921fa3fb3f89_14
Total	fill in the blank 758921fa3fb3f89_15		$fill in the blank 758921fa3fb3f89_16
Total revenue from sales			$fill in the blank 758921fa3fb3f89_17

Question Content Area

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 0ada3e03603e05e_1	fill in the blank 0ada3e03603e05e_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 0ada3e03603e05e_6	fill in the blank 0ada3e03603e05e_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 0ada3e03603e05e_11	fill in the blank 0ada3e03603e05e_12