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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 266 79 69 306 Estimated Inventory (units), June 1 Desired Inventory (units), June 30 Expected sales volume (units): Midwest Region South Region 2,900 2,550 6,600 5,850 $100 Unit sales price $195 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 Total Sales Midwest Region South Region Total Model: Thunder Midwest Region South Region Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region South Region 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 RumbleUnits Thunder Total Total units to be produced