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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 Estimated Inventory (units), June 1 282 90 Desired inventory (units), June 30 324 78 Expected sales volume (units): Midwest Region 3,900 4,350 South Region 5,350 6,050 Unit sales price $100 $215 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 Midwest Region South Region Total Model: Thunder Midwest Region South Resin South Region Total Model: Thunder Midwest Region DO 0 South Region Total Total revenue from sales 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 Units Rumble Units Thunder Total units to be produced Time Remaining: 1:27:09