1. Sales and A budget of estimated unit production.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	278		69
   Desired inventory (units), June 30	320		60
   Expected sales volume (units):
   East Region	3,900		3,450
   West Region	5,250		4,550
   Unit sales price	$110		$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	Total Sales
   Model Rumble:
   East Region		$	$
   West Region
   Total			$
   Model Thunder:
   East Region		$	$
   West Region
   Total			$
   Total revenue from sales			$

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   b. Prepare a production budget.

   Sonic Inc.
   Production Budget
   For the Month Ending June 30
   	Units Model Rumble	Units Model Thunder
   Expected units to be sold
   Less estimated inventory, June 1 Plus desired inventory, June 30
   Total units required
   Less estimated inventory, June 1 Plus desired inventory, June 30
   Total units to be produced