Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells...
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Accounting
Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15 Krause projects sales for April will be 1.500 packages, with sales increasing by 250 packages per month for May, June, and July. On Aprit 1, Krause has 200 packagos on hand but desires to maintain an ending inventery of 10% of the next month's sales. Prepare a sales budget and a production budget for Krause for Apri, May, and June. Begin by preparing a sales budget for April, May, and June

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