+ㅁ← → Cv2.cengagenow.com/ilrn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=falseM Gmail ► YouTubeMapsBlackboardTest #2 - Chpts 16, 17, 18, 19, 21, 2Sales and Production BudgetsVibrant 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 ThunderEstimated inventory (units), June 126866Desired inventory (units), June 3030857Expected sales volume (units):North Region3,6003,150South Region5,2004,500Unit sales price$145$225a. Prepare a sales budget.Product and AreaModel Rumble:North RegionSouth RegionPreviousWCengageNOWv2 | Online teachin x>68°FClearVibrant Inc.Sales BudgetFor the Month Ending June 30UnitUnitSales SellingVolume Price3,6001451455,200TotalSales522,000754.000■A ENGNextO8:25 PM4/29/2022x: CengageNOWv2 | Online teachin x +← → Cv2.cengagenow.com/ilrn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=falseM Gmail ▸YouTubeMapsBlackboardTest #2 - Chpts 16, 17, 18, 19, 21, 2South Region5,200754,000Total8,8001,276,000Model Thunder:North Region3,150708,750South Region4,5001,012,500Total7,6501,721,250Total revenue from sales2,997,250b. Prepare a production budget.Units UnitsModel ModelRumble ThunderW>Expected units to be soldPlus desired inventory, June 30Total units requiredLess estimated inventory, June 1Total units to be produced68°FClear145225225Vibrant Inc.Production BudgetFor the Month Ending June 30▼0PreviousA ENGNextOㅁ8:25 PM4/29/2022x:

Working Notes:- Preparation of Sales Budget:- . Preparation of production budget:-

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 1 268 66 Desired inventory (units), June 30 308 57 Expected sales volume (units): North Region 3,600 3,150 South Region 5,200 4,500 Unit sales price $145 $225 a. Prepare a sales budget.

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 1 268 66 Desired inventory (units), June 30 308 57 Expected sales volume (units): North Region 3,600 3,150 South Region 5,200 4,500 Unit sales price $145 $225 a. Prepare a sales budget.

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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