Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $18. Corbett projects sales for April will be 3,000 packages, with sales increasing by 150 packages per month for May, June, and July. On April 1, Corbett has 325 packages on hand but desires to maintain an ending inventory of 10% of the next month's sales. Prepare a sales budget and a production budget for Corbett for April, May, and June.

Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $18. Corbett projects sales for April will be 3,000 packages, with sales increasing by 150 packages per month for May, June and July. On April 1, Corbett has 325 packages on hand but desires to maintain an ending inventory of 10% of the next month's sales. Prepare a sales budget and a production budget for Corbett for April, May, and June. Begin by preparing a sales budget for April, May, and June Corbett Company Sales Budget April, May, and June April May June Total Budgeted packages to be sold Sales price per package Total sales