Solution-Prepare a sales budget and a production budget

Prepare a sales budget and a production budget

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Reference no: EM133049846

Problem - Bingham Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $30. Bingham projects sales for April will be 2,000 packages, with sales increasing by 100 packages per month for May, June, and July. On April 1, Bingham has 250 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 Bingham for April, May, and June.

Reference no: EM133049846

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Prepare a sales budget and a production budget

Reference no: EM133049846

Reference no: EM133049846

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