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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 1 306 76 Desired inventory (units), June 30 352 66 Expected sales volume (units): North Region 4,150 3,650 South Region 5,900 5,150 Unit sales price $140 $190 a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Unit Sales Selling Volume Price Product and Area Model Rumble: North Region Total Sales South Region Total Model Thunder: North Region South Region LOJI Total Total revenue from sales b. Prepare a production budget. Vibrant Inc. Production Budget For the Month Ending June 30 Units Units Model Model Rumble Thunder Expected units to be sold Total units required lui Total units to be produced
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