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Kessler Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $20. Kessler projects sales for April will be 4,000
Kessler Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $20. Kessler projects sales for April will be 4,000 packages, with sales increasing by 100 packages per month for May, June, and July. On April 1, Kessler has 150 packages on hand but desires to maintain an ending inventory of 20% of the next month's sales. Prepare a sales budget and a production budget for Kessler for April, May, and June. Begin by preparing a sales budget for April, May, and June
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