Question
BinghamBingham Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $ 22$22. BinghamBingham projects sales for AprilApril will be
BinghamBingham
Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for
$ 22$22.
BinghamBingham
projects sales for
AprilApril
will be
1 comma 5001,500
packages, with sales increasing by
400400
packages per month for
MayMay,
JuneJune,
and
JulyJuly.
On
AprilApril
1,
BinghamBingham
has
100100
packages on hand but desires to maintain an ending inventory of
2020%
of the next month's sales. Prepare a sales budget and a production budget for
BinghamBingham
for
AprilApril,
MayMay,
and
JuneJune.
Begin by preparing a sales budget for
AprilApril,
MayMay,
and
JuneJune.
Bingham Company | |||||
Sales Budget | |||||
April, May, and June | |||||
| April | May | June | Total | |
Budgeted packages to be sold |
|
|
|
| |
Sales price per package |
|
|
|
| |
Total sales |
|
|
|
|
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