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.

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Chapter8: Budgeting For Planning And Control
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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 and (b) a production budget:
Rumble Thunder
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.
Sales Budget
For the Month Ending June 30
Unit
Unit
Total
Sales
Selling
Sales
Volume
Price
Product and Area
Model Rumble:
North Region
South Region
Total
Model Thunder:
North Region
South Region
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
Total units to be produced
Transcribed Image Text: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 1 258 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. Sales Budget For the Month Ending June 30 Unit Unit Total Sales Selling Sales Volume Price Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region 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 Total units to be produced
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