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Lugo Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $ 2 5 . Lugo projects sales for April

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Lugo Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $25. Lugo projects sales for April will be 4,500 packages, with sales increasing by 150 packages per month for May, June, and July. On April 1, Lugo has 350 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 Lugo for April, May, and June.
Begin by preparing a sales budget for April, May, and June.
\table[[Lugo Company],[Sales Budget],[April, May, and June],[,April,May,June,Total],[Budgeted packages to be sold],[Sales price per package,,,,],[Total sales,,,,]]
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