Question: Q 1 . ABC prepares budgets for the quarter ending sept . 3 0 . Sales in units: July 2 0 , 0 0 0

Q1. ABC prepares budgets for the quarter ending sept.30. Sales in units: July 20,000, August 50,000, September.30,000, Oct. 25,000. Selling price is SR 10 per unit. , inventory in June 31, is 4,000 units. Desired inventory is 20% of the next month sales. (5 marks)
Required: Prepare sales and production budgets.
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