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Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $24. Krause projects sales for April will be 2,500
Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $24. Krause projects sales for April will be 2,500 packages, with sales increasing by 150 packages per month for May, June, and July. On April 1 , Krause 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 Krause for April, May, and June. Begin by preparing a sales budget for April, May, and June
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