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 125870Desired inventory (units), June 3029661Expected sales volume (units):North Region3,2503,650South Region5,2004,500Unit sales price$95$185a. Prepare a sales budget.Vibrant Inc.Sales BudgetFor the Month Ending June 30UnitUnitTotalSalesSellingSalesVolumePriceProduct and AreaModel Rumble:North RegionSouth RegionTotalModel Thunder:North RegionSouth RegionTotalTotal revenue from salesb. Prepare a production budget.Vibrant Inc.Production BudgetFor the Month Ending June 30UnitsUnitsModelModelRumble ThunderExpected units to be soldTotal units requiredTotal units to be produced

Name: Vibrant Inc. manufactures two models of speakers, Rumble and Thunder.
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Description: 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 125870Desired inv

a. Sales Budget For the month ended June 30 Unit sales Volume Unit selling price Total…

Business

Accounting

Estimated inventory (units), June 1 258 70 Desired inventory (units), June 30 296 61 Expected sales volume (units): North Region 3,250 3,650 South Region 5,200 4,500 Unit sales price $95 $185 a. Prepare a sales budget. Vibrant Inc.

Estimated inventory (units), June 1 258 70 Desired inventory (units), June 30 296 61 Expected sales volume (units): North Region 3,250 3,650 South Region 5,200 4,500 Unit sales price $95 $185 a. Prepare a sales budget. Vibrant Inc.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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