Sales and production budgetsBowser 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:Line Item DescriptionRumbleThunderEstimated inventory $($units$),$ June $127882$Desired inventory $($units$),$ June $3032071$Expected sales volume $($units$)$: North Region$3,9003,450$South Region$5,2505,950$Unit sales price$$120$$$200$Question Content Areaa. Prepare a sales budget.Bowser Inc.Sales BudgetFor the Month Ending June $30$Product and AreaUnit Sales VolumeUnit Selling PriceTotal SalesModel: RumbleNorth RegionNorth Region$North Region$North RegionSouth RegionSouth RegionSouth RegionSouth RegionTotalTotal$TotalModel: ThunderNorth RegionNorth Region$North Region$North RegionSouth RegionSouth RegionSouth RegionSouth RegionTotalTotal$TotalTotal revenue from sales$Total revenue from salesFeedback AreaFeedbackOnce sales quantities are estimated, the expected sales revenue can be determined.Question Content Areab. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.Bowser Inc.Production BudgetFor the Month Ending June $30$Line Item DescriptionUnits RumbleUnits ThunderExpected units to be soldExpected units to be soldDesired inventory, June $30$Desired inventory, June $30$Total units availableTotal units availableTotal units availableEstimated inventory, June $1$Estimated inventory, June $1$Total units to be producedTotal units to be producedTotal units to be producedFeedback AreaFeedback