Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for lune, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated Inventory (units), June 1 276 68 Desired inventory (units), June 30 317 59 Expected sales volume (units): Midwest Region 4,100 3,600 South Region 4,950 4,300 Unit sales price $135 $210 $135 $210 Unit sales price 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 Total Model: Thunder Midwest Region 000 000 li South Region Total Total revenue from sales 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 Total units available Total units to be produced