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 286 83 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): 329 72 Midwest Region 4,350 3,850 5,050 5,700 South Region Unit sales price $145 $220 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Product and Area Model: Rumble Midwest Region 10 B B South Region Total Do Model: Thunder Midwest Region $ Midwest Region South Region Total Model: Thunder Midwest Region DD DDD South Region I) Total Total revenue from sales - 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