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Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $22. Krause projects sales for April will be 1,500

Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $22. Krause projects sales for April will be 1,500 packages, with sales increasing by 500 packages per month for May, June, and July. On April 1, Krause has 225 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.

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