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Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Corbett projects sales for April will be 2,400

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Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Corbett projects sales for April will be 2,400 packages, with sales increasing by 550 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 salos 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 Now prepare a production budget for April, May, and June. Corbett Company Production Budget April, May, and June April May June Total Plus: Total packages needed Less: Budgeted packages to be produced

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