Based on the following production and sales data of Jackson Co. for March of the current year. Product T Product X Estimated inventory, March 1 26,000 units 18,000 units Desired inventory, March 31 32,000 units 15,000 units Expected sales volume: Area I 320,000 units 260,000 units Area II 190,000 units 130,000 units Unit sales price $4 $12 a. Prepare Sales budget. Jackson Co. Sales Budget For Month Ending March 31, 20xx Product and Area Unit Sales Volume Unit Selling Price Total Sales Product T: Area I Area II Total Product X: Area I Area II Total Total revenue from sales b. Prepare a production budget. Jackson Co. Production Budget For Month Ending March 31, 20XX Product T (units) Product X (units) Sales Plus desired ending inventory, March 31, 20XX Total Less estimated beginning inventory, March 1, 20XX Total production