Estimate Production and Materials Requirements: Vivid Colors Corporation manufactures a special line of graphic tubing items. For each of the next two coming years, the company estimates it will sell 150,000 units of this item. The beginning finished goods inventory contains 40,000 units. The target for each year's ending inventory is 20,000 units. Each unit req .ires five feet of plastic tubing. The tubing inventory currently includes 100.000 teet of the required tubing. Materials on hand are targeted to equal three months' production. Any shortage in materials will be made up by the immediate purchase of materials. Sales take place evenly throughout the year.

Required: Compute the production target and the materials requirements for the coming year.