Question
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 | 94 | |
| Desired inventory (units), June 30 | 340 | 82 | |
| Expected sales volume (units): | |||
| North Region | 4,200 | 4,700 | |
| South Region | 5,500 | 6,200 | |
| Unit sales price | $140 | $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 b404c1f4af93f96_1 | $fill in the blank b404c1f4af93f96_2 | $fill in the blank b404c1f4af93f96_3 |
| South Region | fill in the blank b404c1f4af93f96_4 | fill in the blank b404c1f4af93f96_5 | fill in the blank b404c1f4af93f96_6 |
| Total | fill in the blank b404c1f4af93f96_7 | $fill in the blank b404c1f4af93f96_8 | |
| Model Thunder: | |||
| North Region | fill in the blank b404c1f4af93f96_9 | $fill in the blank b404c1f4af93f96_10 | $fill in the blank b404c1f4af93f96_11 |
| South Region | fill in the blank b404c1f4af93f96_12 | fill in the blank b404c1f4af93f96_13 | fill in the blank b404c1f4af93f96_14 |
| Total | fill in the blank b404c1f4af93f96_15 | $fill in the blank b404c1f4af93f96_16 | |
| Total revenue from sales | $fill in the blank b404c1f4af93f96_17 |
Question Content Area
b. Prepare a production budget.
| Units Model Rumble | Units Model Thunder | |
| Expected units to be sold | fill in the blank d6453c080072fe4_1 | fill in the blank d6453c080072fe4_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 d6453c080072fe4_6 | fill in the blank d6453c080072fe4_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 d6453c080072fe4_11 | fill in the blank d6453c080072fe4_12 |
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Advanced Accounting
Authors: Debra Jeter, Paul Chaney
6th edition
978-1118742945, 111874294X, 978-1119045946, 1119045940, 978-1119119364
