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 1 244 66 Desired inventory (units), June 30 280 57 Expected sales volume (units): North Region 2,350 2,650 South Region 5,650 4,900 Unit sales price $140 $195 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 140 X South Region 140 Total Model Thunder: North Region South Region Total Total revenue from sales

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 1 244 66 Desired inventory (units), June 30 280 57 Expected sales volume (units): North Region 2,350 2,650 South Region 5,650 4,900 Unit sales price $140 $195 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 140 X South Region 140 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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eBook Show Me How Question Content Area Sales and production budgets Bowser 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: Line Item Description Rumble Thunder Estimated inventory (units), June 1 227 72 Desired inventory (units), June 30 261 63 Expected sales volume (units): North Region 2,100 2,350 South Region 5,350 6,050 Unit sales price $95 $210 Question Content Area a. Prepare a sales budget. Bowser Inc.Sales BudgetFor the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble North Region North Region $North Region $North Region South Region South Region South Region South Region Total Total $Total Model: Thunder North Region North Region $North Region $North Region South Region South Region South Region South Region Total Total $Total…
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