Sales and Production Budgets Vibrant Inc. manufactures two models of speakers, Rumble and Thunder. Based...
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Accounting
Sales and Production Budgets
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
270
75
Desired inventory (units), June 30
310
65
Expected sales volume (units):
North Region
3,550
4,000
South Region
5,300
4,600
Unit sales price
$95
$195
Question Content Area
a. Prepare a sales budget.
Product and Area
UnitSalesVolume
UnitSellingPrice
TotalSales
Model Rumble:
North Region
fill in the blank a847ab08efdbfb4_1
$fill in the blank a847ab08efdbfb4_2
$fill in the blank a847ab08efdbfb4_3
South Region
fill in the blank a847ab08efdbfb4_4
fill in the blank a847ab08efdbfb4_5
fill in the blank a847ab08efdbfb4_6
Total
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$fill in the blank a847ab08efdbfb4_8
Model Thunder:
North Region
fill in the blank a847ab08efdbfb4_9
$fill in the blank a847ab08efdbfb4_10
$fill in the blank a847ab08efdbfb4_11
South Region
fill in the blank a847ab08efdbfb4_12
fill in the blank a847ab08efdbfb4_13
fill in the blank a847ab08efdbfb4_14
Total
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$fill in the blank a847ab08efdbfb4_16
Total revenue from sales
$fill in the blank a847ab08efdbfb4_17
Question Content Area
b. Prepare a production budget.
UnitsModelRumble
UnitsModelThunder
Expected units to be sold
fill in the blank 3024fc02304206a_1
fill in the blank 3024fc02304206a_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 3024fc02304206a_6
fill in the blank 3024fc02304206a_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 3024fc02304206a_11
fill in the blank 3024fc02304206a_12
Answer & Explanation
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