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 264 66 303 57 Estimated Inventory (units), June 1 Desired Inventory (units), June 30 Expected sales volume (units): Midwest Region South Region 3,400 3,000 5,250 4,550 Unit sales price $120 $225 a. Prepare a sales budget Sonic Inc. Sales Budget For the Month Ending Sune 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder eBook Show Me How Calculator Midwest Region South Region Total Model: Thunder Midwest Region South Region bin 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 Ched: My Workmore Check My Works remaining Previous