Chapter 07 Homework (Application 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 3,650 South Region 5.600 3.200 Unit sales price $190 a. Prepare a sales budget. Sonic Ine. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region South Region Model: Thunder Midwest Region South Region Total Total revenue from sales Feedback Once sales quantities are estimated, the expected sales revenue can be determined. Learning Objective 4. 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 Expected units to be sold Desired inventory, June 30 Estimated inventory, June 1 Total units to be produced Check My Wor Previous >