Based on the following production and sales data of Jackson Co. for March of the current year.

	Product T	Product X
Estimated inventory, March 1	26,000	units	18,000	units
Desired inventory, March 31	32,000	units	15,000	units
Expected sales volume:
Area I	320,000	units	260,000	units
Area II	190,000	units	130,000	units
Unit sales price	$4		$12

a.Prepare Sales budget.

Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Product T:
Area I	fill in the blank c926de049fc904b_1	$fill in the blank c926de049fc904b_2	$fill in the blank c926de049fc904b_3
Area II	fill in the blank c926de049fc904b_4	fill in the blank c926de049fc904b_5	fill in the blank c926de049fc904b_6
Total	fill in the blank c926de049fc904b_7		$fill in the blank c926de049fc904b_8
Product X:
Area I	fill in the blank c926de049fc904b_9	$fill in the blank c926de049fc904b_10	$fill in the blank c926de049fc904b_11
Area II	fill in the blank c926de049fc904b_12	fill in the blank c926de049fc904b_13	fill in the blank c926de049fc904b_14
Total	fill in the blank c926de049fc904b_15		$fill in the blank c926de049fc904b_16
Total revenue from sales			$fill in the blank c926de049fc904b_17

b.Prepare a production budget.

	Product T (units)	Product X (units)
Sales	fill in the blank f7914dfe9fcbf94_1	fill in the blank f7914dfe9fcbf94_2
Plus desired ending inventory, March 31, 20XX	fill in the blank f7914dfe9fcbf94_3	fill in the blank f7914dfe9fcbf94_4
Total	fill in the blank f7914dfe9fcbf94_5	fill in the blank f7914dfe9fcbf94_6
Less estimated beginning inventory, March 1, 20XX	fill in the blank f7914dfe9fcbf94_7	fill in the blank f7914dfe9fcbf94_8
Total production	fill in the blank f7914dfe9fcbf94_9	fill in the blank f7914dfe9fcbf94_10