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.

Jackson Co.
Sales Budget
For Month Ending March 31, 20XX
Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Product T:
Area I		$	$
Area II
Total			$
Product X:
Area I		$	$
Area II
Total			$
Total revenue from sales			$

b. Prepare a production budget.

Jackson Co.
Production Budget
For Month Ending March 31, 20XX
	Product T (units)	Product X (units)
Sales
Plus desired ending inventory, March 31, 20XX
Total
Less estimated beginning inventory, March 1, 20XX
Total production