Tatum Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $25. Tatum projects sales for April will be 1,000 packages with sales increasing by 200 packages per month for May, June, and July. On April 1, Tatum has 175 packages on hand but desires to maintain an ending Inventory of 20% of the next month's sales. Prepare a sales budget and a production budget for Tatum for April, May, and June. Begin by preparing a sales budget for April, May, and June Tatum Company Sales Budget April, May, and June April May June Budgeted packages to be sold Sales price per package Total sales SafeNow sells its main product, ergonomic mouse pads, for $12 each. Its variable cost is $5.20 per pad. Fixed costs are $205,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed costs are $255,000. Prepare a monthly flexible budget for the product, showing sales revenue, variable costs, fixed costs, and operating income for volume levels of 45,000, 55,000, and 75,000 pads. SafeNow Flexible Budget Budget Amounts Per Unit 45,000 55,000 75.000