Novak Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $24. Novak projects sales for April will be 3,000 packages, with sales increasing by 150 packages per month for May, June, and July. On April 1, Novak has 225 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. June Total Begin by preparing a sales budget for April, May, and June. Novak Company Sales Budget April, May, and June April May Budgeted packages to be sold Sales price per package Total sales Now prepare a production budget for April May, and Juno. Novak Company Production Budget April, May, and Juno April May June Total Plus Total packagos needed Less Budgeted packages to be produced