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 274 315 Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): 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 Sales Volume Unit Selling Price Total Sales Product and Area Model Rumble: East Region 3.100 $ 105 325,500 West Region 5,900 105 619,500 Total 9.000 East Region West Region 6,650 1,296,750 Total 9,400 1,833,000 Total revenue from sales 2,778,000 Feedback Check My Work Once sales quantities are estimated, the expected sales revenue can be determined. 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 9,000 9,400 Plus desired Inventory, June 30 8,726 Total units required Less estimated inventory, June 1 Total units to be produced 9.189 9,041