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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 238 71 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): 273 62 2,400 2,100 Midwest Region South Region 5,400 6,100 Unit sales price $105 $225 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 QO DO Model: Thunder QON QON! Midwest Region South Region Total Total revenue from sales Feedback 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 Expect units be sold Desired inventory, June 30 Total units available Estimated inventory, June 1 Total units to be produced