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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	253		81
Desired inventory (units), June 30	291		70
Expected sales volume (units):
Midwest Region	3,050		3,400
South Region	5,250		5,950
Unit sales price	$100		$225

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	fill in the blank 12c63cfddfcef98_1	$fill in the blank 12c63cfddfcef98_2	$fill in the blank 12c63cfddfcef98_3
South Region	fill in the blank 12c63cfddfcef98_4	fill in the blank 12c63cfddfcef98_5	fill in the blank 12c63cfddfcef98_6
Total	fill in the blank 12c63cfddfcef98_7		$fill in the blank 12c63cfddfcef98_8
Model: Thunder
Midwest Region	fill in the blank 12c63cfddfcef98_9	$fill in the blank 12c63cfddfcef98_10	$fill in the blank 12c63cfddfcef98_11
South Region	fill in the blank 12c63cfddfcef98_12	fill in the blank 12c63cfddfcef98_13	fill in the blank 12c63cfddfcef98_14
Total	fill in the blank 12c63cfddfcef98_15		$fill in the blank 12c63cfddfcef98_16
Total revenue from sales			$fill in the blank 12c63cfddfcef98_17

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
	fill in the blank 9e8502f7dff707b_2	fill in the blank 9e8502f7dff707b_3
	fill in the blank 9e8502f7dff707b_5	fill in the blank 9e8502f7dff707b_6
Total units available	fill in the blank 9e8502f7dff707b_7	fill in the blank 9e8502f7dff707b_8
	fill in the blank 9e8502f7dff707b_10	fill in the blank 9e8502f7dff707b_11
Total units to be produced	fill in the blank 9e8502f7dff707b_12	fill in the blank 9e8502f7dff707b_13

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