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 1 284 78 Desired inventory (units), June 30 326 68 Expected sales volume (units): Midwest Region 4,000 4.500 South Region 5,300 4,600 Unit sales price $110 $205 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region 10000 1 Total Total revenue from sales Feedback Check My Work Once sales quantities are estimated, the expected sales revenue can be determined. 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 Expected units to be sold Desired inventory, June 30 Total units available Estimated inventory, June 1 Total units to be produced