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.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 6CE: Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following...
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5e354563-adfc-4b55-ab86-ec3b1b4096f7%2Ff6762334-1f78-4fe7-a2aa-6e67ae0a1cfb%2Fq1n3djr_processed.png&w=3840&q=75)
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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