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Novak Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $ 2 0 . Novak projects sales for April

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Novak Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $20. Novak projects sales for April will be 3,500 packages, with sales increasing by 250 packages per month for May, June, and July. On April 1, Novak has 350 packages on hand but desires to maintain an ending inventory of 20% of the next month's sales. Prepare a sales budget and a production budget for Novak for April, May, and June.
Begin by preparing a sales budget for April, May, and June.
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