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 8 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): 274 315 2 71 East Region West Region 3,100 5,900 $105 2,750 6,650 $195 Unit sales price a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Unit Sales Selling Product and Area Volume Price Model Rumble: East Region West Region Total Sales Total Model Thunder: Model Thunder: East Region West Region Quo 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