Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Vibrant Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare ( a ) a

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 ThunderEstimated inventory (units), June 1800200Desired inventory (units), June 30950400Expected sales volume (units): North Region15,0002,500South Region20,0003,000Unit sales price$140 $220Question Content Areaa. Prepare a sales budget.Vibrant Inc.Sales BudgetFor the Month Ending June 30Product and AreaUnitSalesVolumeUnitSellingPriceTotalSalesModel Rumble:North Regionfill in the blank a9f010f4dfb005b_1$fill in the blank a9f010f4dfb005b_2$fill in the blank a9f010f4dfb005b_3South Regionfill in the blank a9f010f4dfb005b_4fill in the blank a9f010f4dfb005b_5fill in the blank a9f010f4dfb005b_6Totalfill in the blank a9f010f4dfb005b_7$fill in the blank a9f010f4dfb005b_8Model Thunder:North Regionfill in the blank a9f010f4dfb005b_9$fill in the blank a9f010f4dfb005b_10$fill in the blank a9f010f4dfb005b_11South Regionfill in the blank a9f010f4dfb005b_12fill in the blank a9f010f4dfb005b_13fill in the blank a9f010f4dfb005b_14Totalfill in the blank a9f010f4dfb005b_15$fill in the blank a9f010f4dfb005b_16Total revenue from sales$fill in the blank a9f010f4dfb005b_17Question Content Areab. Prepare a production budget.Vibrant Inc.Production BudgetFor the Month Ending June 30UnitsModelRumbleUnitsModelThunderExpected units to be soldfill in the blank c5bd2b05002d005_1fill in the blank c5bd2b05002d005_2- Select -- Select -Total units requiredfill in the blank c5bd2b05002d005_6fill in the blank c5bd2b05002d005_7- Select -- Select -Total units to be producedfill in the blank c5bd2b05002d005_11fill in the blank c5bd2b05002d005_12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting A Practical Approach Chapters 1-25

Authors: Jeffrey Slater, Mike Deschamps

15th Edition

0137504284, 9780137504282

More Books

Students also viewed these Accounting questions