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	274		81
Desired inventory (units), June 30	315		70
Expected sales volume (units):
East Region	3,250		2,850
West Region	5,750		6,500
Unit sales price	$100		$195

a. Prepare a sales budget.

Sonic Inc.
Sales Budget
For the Month Ending June 30
Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Model Rumble:
East Region		$	$
West Region
Total			$
Model Thunder:
East Region		$	$
West Region
Total			$
Total revenue from sales			$

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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 Plus desired inventory, June 30
Total units required
Less estimated inventory, June 1 Plus desired inventory, June 30
Total units to be produced