Novak Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $10. Novak projects sales for April will be 2,000 packages, with sales increasing by 200 packages per month for May, June, and July. On April 1, Novak has 175 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 Novak for April, May, and June. Begin by preparing a sales budget for April, May, and June. Now prepare a production budget for April, May, and June Budgeted packages to be sold Desired packages in ending inventory Packages in beginning inventory