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 1 750 300 Desired inventory (units), June 30 500 250 Expected sales volume (units): Midwest Region 12,000 3,500 South Region Unit sales price 14,000 4,000 $60 $90 a. Prepare a sales budget. < Product and Area Model: Rumble Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales 00 |10000 1000 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 Total units available Total units to be produced Units Rumble Units Thunder