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Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $28. Rucker projects sales for April will be 1,000
Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $28. Rucker projects sales for April will be 1,000 packages, with sales increasing by 150 packages per month for May, June, and July. On April 1, Rucker has 350 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 Rucker for April, May, and June. April May June Total Budgeted packages to be sold 1,000 1,150 1,300 3,450 $ Sales price per package 28 $ 28 $ 28 $ 28 $ Total sales 28,000 $ 32,200 $ 36,400 $ 96,600 Now prepare a production budget for April, May, and June. Plus: Total packages needed Less: Budgeted packages to be produced Rucker Company Production Budget April, May, and June April May June Total
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