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 78 264 303 55 Estimated Inventory (units). June 1 Desired Inventory (units), June 30 Expected sales volume (units) Midwest Region South Region Units price 2,550 2.900 5,750 $110 5,500 $15 Presses budget Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model Rumba Midwest Region Sous Region Total Sales TO Model Thur My Women Choy Woman natur Save and Sub All work saved Model: Rumble Midwest Region South Region Total Model: Thunder UD DOO Midwest Region 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