pLEASE ANSWER BOTH PART 1 AND PART 2

1. Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. August September October Totals Budgeted 500 Sales Units Selling Price $75 $75 $75 $75 per unit a Tot 1 $37,500 Budgeted Sales 2. Complete the Production Budget given the above data and the following: 1 Starting in August the company decided the number of units in its finished goods inventory at each month-end should equal 80% of the next month's budgeted sales. August September October Sales 500 Budgeted Units Next budgeted units period sales ending Desired inventory Total units required Beginning inventory units Units to produce