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 Rumble Thunder 260 71 72 299 62 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Sonic Inc. Sales Budget 3,400 3,800 5,150 4,500 $110 $215 Product and Area For the Month Ending June 30 Unit Soles Volume Unit Selling Price Total Sales Model Rumble Midwest Region South Region Total Model: Thunder- 924 PM TOGEN RUMTIDIE Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales 10000 000 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