Ibrant 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 stimated inventory 250 75 units), June 1 mesired inventory units), June 30 287 65 xpected sales volume units): North Region 2,400 2,100 South Region 5,800 6,550 nit sales price $225 $125 - Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Sales Selling Volume Price Sales Unit Total Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales

Ibrant 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 stimated inventory 250 75 units), June 1 mesired inventory units), June 30 287 65 xpected sales volume units): North Region 2,400 2,100 South Region 5,800 6,550 nit sales price $225 $125 - Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Sales Selling Volume Price Sales Unit Total Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales

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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Sales and Production Budgets Sonic 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 1 236 64 Desired inventory (units), June 30 271 56 Expected sales volume (units): Midwest Region 2,650 2,950 South Region 5,100 4,450 Unit sales price $125 $205 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region $ $ South Region Total $ Model: Thunder Midwest Region $ $ South Region Total $ Total revenue from sales $ b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Sonic Inc. Production Budget For the…
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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
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Sonic 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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Rumble 1000 100 297 341 4,350 5,400 $125 Thunder 86 75 3,850 6,100 $195 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales 00 000 0000
Sales and Production Budgets Sonic 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 1 251 75 Desired inventory (units), June 30 289 65 Expected sales volume (units): Midwest Region 3,050 2,700 South Region 5,200 5,900 Unit sales price $100 $225 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region fill in the blank 37538e05204505f_1 $fill in the blank 37538e05204505f_2 $fill in the blank 37538e05204505f_3 South Region fill in the blank 37538e05204505f_4 fill in the blank 37538e05204505f_5 fill in the blank 37538e05204505f_6 Total fill in the blank 37538e05204505f_7 $fill in the blank 37538e05204505f_8 Model: Thunder…