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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
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 | 74 | |
Desired inventory (units), June 30 | 340 | 64 | |
Expected sales volume (units): | |||
North Region | 3,900 | 3,450 | |
South Region | 5,800 | 5,050 | |
Unit sales price | $135 | $185 |
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 | $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 |
Question Content Area
b. Prepare a production budget.
Units Model Rumble | Units Model Thunder | |
Expected units to be sold | fill in the blank b794b00cbf8107c_1 | fill in the blank b794b00cbf8107c_2 |
Less desired inventory, June 30Less estimated inventory, June 1Plus desired inventory, June 30Plus estimated inventory, June 1 | ||
Total units required | fill in the blank | fill in the blank |
Less desired inventory, June 30Less estimated inventory, June 1Plus desired inventory, June 30Plus estimated inventory, June 1 | ||
Total units to be produced | fill in the blank | fill in the blank |
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