Rucker Company manufactures drinking glasses. One unit is a package of eight classes, which sells for $14. Rucker projects sales for April will be 1,500 pages with sales increasing by 50 packages per month for May, June, and July. On April 1, Rucker has 25 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.

Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $14. Rucker projects sales for April will be 1,500 packages, with sales increasing by 50 packages per month for May, June, and July. On April 1, Rucker has 225 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. Begin by preparing a sales budget for April, May, and June. Rucker Company Sales Budget April, May, and June April May June Total Budgeted packages to be sold 1,500 4,650 1,550 14 1,600 14 Sales price per package $ $ $ $ 21,000 $ 21,700 $ 22,400 $ 65,100 Total sales Now prepare a production budget for April, May, and June. May June Total Rucker Company Production Budget April, May, and June April Budgeted packages to be sold 1500 Plus: Desired packages in ending inventory Total packages needed Less: Packages in beginning inventory 1550 | 1600 4650 Budgeted packages to be produced