K Lugo Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $24. Lugo projects sales for April will be 3,000 packages, with sales increasing by 350 packages per month for May, June, and July. On April 1, Lugo has 175 packages on hand but desi to maintain an ending inventory of 20% of the next month's sales. Prepare a sales budget and a production budget for Lugo for April, May, and June. Begin by preparing a sales budget for April, May, and June. Lugo Company Sales Budget April, May, and June April Budgeted packages to be sold Sales price per package Total sales May June Total