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 276 89 3 17 77 Desired inventory (units), June 30 Expected sales volume (units): East Region West Region Unit sales price 3,800 5,250 $140 4,250 5,950 $190 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: East Region West Region Total Model Thunder: East Region West Region Total Total revenue from sales b. Prepare a production budget. Sonic Inc. Production Budget For the Month Ending June 30 Units Model Rumble Units Model Thunder Expected units to be sold Total units required Total units to be produced