Q$1.$ ABC prepares budgets for the quarter ending sept$\mathrm{.}30.$ Sales in units: July $20,000,$ August $50,000,$ September$\mathrm{.}30,000,$ Oct. $25,000.$ Selling price is SR $10$ per unit. $,$ inventory in June $31,$ is $4,000$ units. Desired inventory is $20\%$ of the next month sales. $(5$ marks$)$

Required: Prepare sales and production budgets.

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