Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a) a sales budget and (b) a production budget.
|
Product T
|
Product X
|
Estimated inventory, March 1
|
28,000 units
|
20,000 units
|
Desired inventory, March 31
|
32,000 units
|
15,000 units
|
Expected sales volume:
|
|
|
Area I
|
320,000 units
|
260,000 units
|
Area II
|
190,000 units
|
130,000 units
|
Unit sales price
|
$6
|
$14
|