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Part 1. Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. September October

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Part 1. Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. September October Totals August Budgeted Sales Units 500 Selling Price per unit $75 Total Budgeted Sales $37,500 $75 $ 75 $75 Part 2. Complete the Production Budget given the above data and the following: Starting in August the company decided the number of units in its finished goods inventory at each month-end should equal 80% of the next month's budgeted sales. September October August 500 Budgeted Sales Units Next period budgeted sales units Desired ending inventory Total required units Beginning inventory units Units to produce

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