Bingham Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $30. Bingham projects sales for April will be 1,500 packages, wint sales increasing by 500 packages per month for May, June, and July. On April 1, Bingham has 400 packages on hand but desires to maintain an ending inventory of 10% of the text month's sales. Prepare a sales budget and a production budget for Bingham for April, May, and June Begin by preparing a sales budget for April, May, and June Bingham Company Sales Budget April, May, and June April May Budgeted packages to be sold Sales price per package Total sales June Total Now prepare a production budget for Apr May, and June Bingham Company Production Budget April, May, and June April May June Total Plus Total packages needed Less Budgeted packages to be produced