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 (unit), June 1 Desired inventory (units), June 30 305 Expected sales volume units) Midwest Region 3,000 South Region 5.700 Unit sales price $125 $185 265 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unt Sales Volume Unit Selling Price Model Rumble Midwest Region Total Sales South Region Total Model Thunder Midwest Region South Region Total revenue from sa b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Son Inc. Production Budget For the Month Ending June 30 Units RumbleUnits Thunder Total units available Total units to be produced