True Note Audio Company manufactures two models of speakers, DL and XL. True Note posted the following production and sales data for the month of November.

DL XL

Estimated inventory in units November 1 380 140

Desired Inventory in units November 30 450 110

Expected sales volume in units:

North region 4400 3200

South region 2950 2100

Unit sales price 120 170

Prepare a sales budget.

Prepare a production budget.