O’Toole produces go-karts which he sells to local retailers. He has decided to produce a sales and trade receivables budget to help him plan ahead. The following data are available for January to June 2025.

• Each go-kart will be sold for £50 for the first four months, then the selling price will rise to £60.
• He gives two months’ credit to the retailers.
Produce a sales budget and a trade receivables budget for the six months ending 30 June 2025.

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Month Sales (number of go-karts) Jan 100 Feb 80 Mar 120 Apr 120 May 150 Jun 180