225 67 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 Desired Inventory (units), June 30 Expected sales volume (units): Midwest Region 2,400 South Region Unit sales price $190 259 58 2,100 5,000 5,650 $100 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region South Region Tota South Region bo 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 Month Ending June 30 Units Rumble Units Thunder Total units available Total units to be produced