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 Estimated inventory (units), June 1 233 62 Desired inventory (units), June 30 268 54 Expected sales volume (units): Midwest Region South Region Unit sales price 2,100 2,350 5,550 4,850 $110 $185 a. Prepare a sales budget. Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume 1000 QO QO 0000 1000 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 Total units to be produced Units Rumble Units Thunder