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7.41 Revenue and production budgets, multiple products (LO2). The Boston Box Company makes cardboard boxes in two sizes-small and large. Management currently is work- ing
7.41 Revenue and production budgets, multiple products (LO2). The Boston Box Company makes cardboard boxes in two sizes-small and large. Management currently is work- ing on the monthly budgets for March and April and provides you with the following information: Box Type Small Large Budgeted sales for March 10,000 15,000 Budgeted sales for April 15,000 20,000 Budgeted sales for May 20,000 25,000 Budgeted price per unit $2.75 $5.00 Desired ending inventory for each type of box = 20% of the following month's sales. Required: What are Boston's revenue and production budgets for each type of box for March and April
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