Lulu’s Lockets sells small lockets for $1.50 each. The marketing department prepared the following first-quarter sales forecast. Lulu’s had 10,000 lockets on hand at the end of December. The company tries to keep 10 percent of the next month’s sales on hand at the end of each month.
January....... 135,000 units
February ....... 125,000 units
March ........ 155,000 units
Total ......... 415,000 units

Required
Prepare the sales budget for LuLu’s Lockets for each month of the quarter.