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) production budget Rumble Thunder Estimated Inventory (units), June 1 241 66 Desired inventory (units), June 30 272 52 Expected sales volume (units) Midwest Region 3,050 3,400 South Region 4,850 4,200 Unit sales price $140 $195 a. Prepare a sales budget Sonic Inc. Series 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 QU Model: Thunder Midwest Region 000 DII DOO DOO South Region Total Total revenue from sales Check My Work Total revenue from sales Feedback Check My Wort Once les quantities are estimated the expected sales revenue can be determined Learning Objective 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 RumbleUnits Thunder Expected units to be sold Desired Inventory, June 30 lav Total Estimated Inventory, June 1 Total units to be produced Check My Wor Remember to take into account expected units to be sold plus desired unitsin ending inventory less estimated units in beginning for when calculating total units to be produced Leaming Objective