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 1 245 61 Desired inventory (units), June 30 282 53 Expected sales volume (units): North Region 3,050 2,700 South Region 5,000 4,350 Unit sales price $120 $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
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 1 245 61 Desired inventory (units), June 30 282 53 Expected sales volume (units): North Region 3,050 2,700 South Region 5,000 4,350 Unit sales price $120 $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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
245
61
Desired inventory (units), June 30
282
53
Expected sales volume (units):
North Region
3,050
2,700
South Region
5,000
4,350
Unit sales price
$120
$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%2F4a838c8e-9209-4b5d-b96a-c966f484a578%2F24468933-01f6-4a05-8401-742bcb2e364f%2Fz9vj7v_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
245
61
Desired inventory (units), June 30
282
53
Expected sales volume (units):
North Region
3,050
2,700
South Region
5,000
4,350
Unit sales price
$120
$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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