77 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 1 242 Desired inventory (units), June 30 278 Expected sales volume (units): Midwest Region 2,850 3,200 South Region 5,100 5,750 Unit sales price $135 $210 67 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Sales Total Model: Thunder Midwest Region South Region Il DI DOO 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 nding June 30 Units Rumble Units Thunder Total units available Total units to be produced