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Brown Company manufactures luggage sets, Brown sells its luggage sets to department stores Brown expects to sell 1.700 luggage sets for $180 each in January and 2,050 luggage sets for $180 each in February All sales are cash only. Prepare the sales budget for January and February Brown Company Sales Budget Two Months Ended January 31 and February 28 January February Budgeted luggage sets to be sold Sales price per set Total sales Bailey Company expects to sell 1,500 units of finished product in January and 1.750 units in February. The company has 180 units on hand on January 1 and desires to have an ending inventory equal to 80% of the next month's sales. March sales are expected to be 1,820 units. Prepare Bailey's production budget for January and February Bailey Company Production Budget Two Months Ended January 31 and February, 28 January February Plus Total units needed Less Budgeted units to be produced Bailey Company expects to sell 1,500 units of finished product in January and 1.750 units in February. The company has 180 units on hand on January 1 and desires to have an ending inventory equal to 80% of the next month's sales March sales are expected to be 1.820 units. Prepare Bailey's production budget for January and February Bailey Company Production Budget Two Months Ended January 31 and February, 28 January February ho Budgeted units to be sold March sales Selling price per unit Units in beginning inventory