Sales budget data for Pillay Company are given in BE24.2. Management desires to have an ending finished goods inventory equal to 25% of the next quarter’s expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020.

Data from BE24.2:

Pillay Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Using a sales price of R70 per unit, prepare the sales budget by quarters for the year ending December 31, 2020.