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Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $18. Corbett projects sales for April will be 3,500

Corbett Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $18. Corbett projects sales for April will be 3,500 packages, with sales increasing by 100 packages per month for May, June, and July. On April 1, Corbett has 250 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

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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