Thunder Creek Company expects sales of 18,000 units in January 2018, 24,000 units in February,  30,000 units in March, 34,000 in April, and 36,000 in May.  The sales price is $34 per unit.   Prepare a sales budget.                 Thunder Creek wants to finish each month with 20% of next month's sales in units.             Prepare a production budget. (When entering answers in the production budget, use the sales budget for your cell references. Enter all values as positive--without a minus sign--in row 18.) Hint:  Beginning inventory for the period is equal to the ending inventory of the previous period.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Thunder Creek Company expects sales of 18,000 units in January 2018, 24,000 units in February,  30,000 units in March, 34,000 in April, and 36,000 in May.  The sales price is $34 per unit.  
Prepare a sales budget.                
Thunder Creek wants to finish each month with 20% of next month's sales in units.            
Prepare a production budget. (When entering answers in the production budget, use the sales budget for your cell references. Enter all values as positive--without a minus sign--in row 18.)
Hint:  Beginning inventory for the period is equal to the ending inventory of the previous period.          
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