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Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. August September October Totals

Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. August September October Totals Budgeted Sales Units 500 Selling Price per unit $75 $75 $75 $75 Total Budgeted Sales $37,500 Complete the Production Budget given the above data and the following: Starting in August the company decided the number of units in its finished goods inventory at each month-end should equal 80% of the next months budgeted sales. August September October Budgeted Sales Units 500 Next period budgeted sales units Desired ending inventory Total required units Beginning inventory units Units to produce

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