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Kimball Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Kimball projects sales for April will be 2,500

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Kimball Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Kimball projects sales for April will be 2,500 packages, with sales increasing by 300 packages per month for May, June, and July On April 1. Kimball has 300 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 Kimball for April May, and June Q Sales Budget April, May, and June April May June Total Budgeted packages to be sold Sales price per package Total sales Now nrenare a nonductinn hurat for Anril May and nie Now prepare a production budget for April, May, and June Kimball Company Production Budget April, May, and June April May June Total Plus April, May, and June April May June Total Plus Total packages needed Less Budgeted packages to be produced Budgeted packages to be sold Desired packages in ending inventory Packages in beginning inventory

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