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1. Prepare a Sales Budget for January 2020, February 2020, and March 2020. Juniper Inc. plans to sell tree fixtures for $90 each. The company

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1. Prepare a Sales Budget for January 2020, February 2020, and March 2020. Juniper Inc. plans to sell tree fixtures for $90 each. The company sold 1,000 tree fixtures in December 2019. It projects that it will sell 12% above each previous month's sale in the month that follow. The sales budget estimated number of units a company will sell each month and the sales dollars it will generate from selling the projected units. 2. Prepare a Purchase Budget (i.e., the projected number of tree fixtures to buy) for January 2020, February 2020, and March 2020. Juniper Inc. wants to purchase an additional 25% of the next month's projected tree sales in each current month as safety stock. As of December 31, 2019, the company had 250 trees in ending inventory. REMEMBER: The purchase budget only indicates the number of units to purchase

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