Instructions Sales and Production Budgets SoundLab Inc. manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepare (a) a sales budget and (b) a production budget: DL XL Estimated inventory (units), September 1 34092 Desired inventory (units), September 30 300 101 Expected sales volume (units): East Region 2,560 1,080 West Region 2,310 930 Unit sales price $190 $300 Part A: Sales Budget a. Prepare a sales budget. Sound Lab Inc. Sales Budget For the Month Ending September 30, 2016 Product and Area Unit Sales Volume Unit Selling Price Model DL: East Region Total Sales West Region Total Model XL: East Region West Region Total Total revenue from sales Part B: Production Budget b. Prepare a production budget. SoundLab Inc. Production Budget For the Month Ending September 30, 2016 Units Model DL Units Model XL Expected units to be sold Plus desired inventory, September 30, 2016 Total Less estimated inventory, September 1, 2016 Total units to be produced