Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $28. Krause projects sales for April will be 3,000 packages, with sales increasing by 550 packages per month for May, June, and July. On April 1, Krause has 325 packages on hand but desires to maintain an ending inventory of 20% of the next months sales. Prepare a sales budget and a production budget for Krause for April, May and June

	Krause Company
	Budget Production April, May, and June
	April	May	June	Total
Budgeted packages to be sold
Plus: Desired packages in ending inventory
Total packages needed
Less: Packages in beginning inventory
Budgeted packages to be produced