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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.

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

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 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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