Sales and Production Budgets 78 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 1 265 Desired inventory (units), June 30 305 68 Expected sales volume (units): Midwest Region 2,900 2,550 South Region 5,800 6,550 Unit sales price $140 $225 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region South Region 5,800 Total 8,700 Model: Thunder Midwest Region 2,550 Midwest Region South Region Total Total revenue from sales Feedback Check My Work 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 Total Estimated Inventory, June 1 Total units to be produced