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 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales 1000 288 00 331 4,250 Unit Unit Total Sales Selling Sales Volume Price 5,200 $120 10000 1000 92 80 4,750 5,900 $215

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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b. Prepare a production budget.
Vibrant Inc.
Production Budget
For the Month Ending June 30
Expected units to be sold
Total units required
Total units to be produced
Units
Units
Model
Model
Rumble Thunder
100000
100000
Transcribed Image Text:b. Prepare a production budget. Vibrant Inc. Production Budget For the Month Ending June 30 Expected units to be sold Total units required Total units to be produced Units Units Model Model Rumble Thunder 100000 100000
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:
Estimated inventory (units), June 1
Desired inventory (units), June 30
Expected sales volume (units):
North Region
South Region
Unit sales price
a. Prepare a sales budget.
Product and Area
Model Rumble:
North Region
South Region
Total
Vibrant Inc.
Sales Budget
For the Month Ending June 30
Model Thunder:
North Region
South Region
Total
Total revenue from sales
Rumble
Unit
Unit
Sales Selling
Volume Price
A
288
331
4,250
5,200
$120
Thunder
Total
Sales
92
80
4,750
5,900
$215
Transcribed Image Text: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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): North Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model Rumble: North Region South Region Total Vibrant Inc. Sales Budget For the Month Ending June 30 Model Thunder: North Region South Region Total Total revenue from sales Rumble Unit Unit Sales Selling Volume Price A 288 331 4,250 5,200 $120 Thunder Total Sales 92 80 4,750 5,900 $215
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