Johnson Insulation Company plans to sell the following quantities of All-Season R-30 insulation during the months of June, July, August, September, and October 200X: June 500 packages July 600 packages August 600 packages September 800 packages October 1,000 packages Johnson pays $11 per package and sells each package for $22. At the beginning of July, Johnson plans to have 125 packages on hand and plans to maintain the ending inventory equal to 25% of next months sales. Required: Prepare a monthly sales budget with a total column for the third quarter of 200X Prepare a monthly cost of goods sold budget with a total