Question: Instructions: Please complete the problems below and show all work, please. 7. Based on the following production and sales estimates for May, prepare the sales

Instructions: Please complete the problems below and show all work, please.

7. Based on the following production and sales estimates for May, prepare the sales and production budgets:

Estimated beginning inventory (units), May 1

18,000

Desired ending inventory (units), May 31

21,600

Expected sales volume (units):

Area W

6,000

Area X

7,000

Area Y

8,000

Unit sales price

$20

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