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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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