(Production budget) The sales budget for Carson Company shows the following sales projections (in units) for the quarters of the calendar year of 1997:

Sales for the first quarter of 1998 are expected to be 295,000 units. Finished Goods Inventory at the end of each production period is scheduled to equal 30 percent of the next quarter’s budgeted sales in units. The company is expected to be in compliance with this policy as of December 31, 1996. Develop a quar¬ terly production budget for 1997. Include a column to show total expected pro¬ duction for 1997.LO1

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January-March April-June July-September October-December Total 270,000 340,000 245,000 275,000 1,130,000