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 1 223 50 Desired inventory (units), June 30 256 57 Expected sales volume (units): East Region 2,250 2,500 West Region 5,050 4,400 Unit sales price $135 :210 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Unit Unit Sales Selling Total Volume Price Sales Product and Area Model Rumble: East Region West Region Total Model Thunder: 1020 00 1010100 10100 East Region West Region 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 Less estimated inventory, June 1 Total units required Plus desired inventory, June 30 Total units to be produced