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 83 72 3,100 6,550 $225 Estimated inventory (units), June 1 284 Desired Inventory (units), June 30 326 Expected sales volume (units): Midwest Region 3,500 South Region 5,800 Unit sales price $95 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Sales Total D DO Model: Thunder Midwest Region dobi po South Region Total Total revenue from sales UMATICI Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Product and Area Model: Rumble Total Sales Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales 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 Total units to be produced