Based on the Following Production and Sales Data of Jackson

Based on the following production and sales data of Jackson Co.for March of the current year, prepare (a) a sales budget and (b) a production budget. $$\begin{array} { l l l } & \text { Product } T & \text { Product } X \\\text { Estimated inventory, March } 1 & 26,000 \text { units } & 18,000 \text { units } \\\text { Desired inventory, March } 31 & 32,000 \text { units } & 15,000 \text { units } \\\text { Expected sales volume: } & & \\\quad \text { Area I } & 320,000 \text { units } & 260,000 \text { units } \\\quad \text { Area II } & 190,000 \text { units } & 130,000 \text { units } \\\text { Unit sales price } & \$ 4 & \$ 12\end{array}$$