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Novak Company manutactures drinking glassen. One unit is a package of eight glasses, which selis...

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Accounting

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Novak Company manutactures drinking glassen. One unit is a package of eight glasses, which selis for \$10. Novak proiects sales for Aprl will be 4,000 packages, with sales increasing by 500 packages per month for May, June, and July. On Apell 1, Novak has 250 packages on hand but destires to maintain an ending inventory of 20% of the next month's sales. Prepare a sales budget and a production budget for Novak for Aprik, May. and June. Begin by preparing a sales budget for April, May, and June

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