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 81 70 290 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units) 4,800 4,500 $195 Midwest Region 4,300 5,200 $100 South Region Unit sales price a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Model: Rumble Unit Sales Volume Unit Selling Price Total Sales Midwest Region South Region Model: Thunder Midwest Region 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