Based on the following production and sales data of Jackson Co. for March of the current year. Product T Product XEstimated inventory, March 1 26,000 units 18,000 unitsDesired inventory, March 31 32,000 units 15,000 unitsExpected sales volume: Area I 320,000 units 260,000 unitsArea II 190,000 units 130,000 unitsUnit sales price $4 $12 a. Prepare Sales budget. Jackson Co. Sales BudgetFor Month Ending March 31, 20XX Product and Area Unit Sales Volume Unit Selling Price Total SalesProduct T: Area I $ $Area II Total $Product X: Area I $ $Area II Total $Total revenue from sales b. Prepare a production budget. Jackson Co. Production BudgetFor Month Ending March 31, 20XXProduct T (units) Product X (units)Sales Plus desired ending inventory, March 31, 20XX Total Less estimated beginning inventory, March 1, 20XX Total production

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?