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: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Rumble Thunder 258 63 296 55 Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Sonic Inc. Sales Budget 3,550 3,100 4,900 4,250 $130 $200 For the Month Ending June 38 Unit Sales Volume Unit Selling Price Total Sales Model: Rumore Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales B 000 0000 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 Total units available Units Rumble Total units to be produced Units Thunder