Sales and Production Budgets Harmony Audio Company 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 1 282 69 Desired inventory (units), September 30 324 60 Expected sales volume (units): East Region 3,550 3,100 West Region 5,700 4,950 Unit sales price $95 $220 a. Prepare a sales budget. Harmony Audio Company Sales Budget For the Month Ending September 30, 2016 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model DL: East Region West Region Total Model XL: East Region West Region Total Total revenue from sales b. Prepare a production budget. Harmony Audio Company 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