Sparks Corp. manufactures knee braces and other orthopedic supplies. Knee braces sell for $$170$ each. Sparks Corp. projects sales for April will be $755$ braces, with sales increasing by $70$ braces per month for May, June and July. At the beginning of April Sparks Corp. has $140$ braces on hand but desires to maintain an ending inventory of $20\%$ of the next month's sales.

Prepare the sales budget and production budget for Sparks Corp. for the months of April, May and June.

Sparks Corp.

Sales Budget

For the Three Months Ended June $30$

April May June Total

Budgeted sets to be sold

Sales price per setSingle line

Single line

Single line

Single line

Single line

Single lineTotal salesDouble line Single line

Double line Single line

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Double line Single line

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Sparks Corp.

Production Budget

For the Three Months Ended June $30$

April May June Total

Budgeted sets to be sold

Plus: Desired units in ending inventory

Total units needed

Less: Units in beginning inventorySingle line

Single line

Single line

Single line

Single line

Single lineBudgeted units to be producedDouble line Single line