1 of Hoffman anticipates selling 221,000 jars with total sales revenue of $261,000 in the first quarter of the year following the year given in the preceding table Hoffman has a policy that the ending inventory of jars must be 20% of the following quarter's Sales 2 of Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows Total sales revenue Number of jars sold 1st quarter $184 000 153,500 2nd quarter S219.000 183.000 3rd quarter $257 000 210,000 4th quarter $195 000 162,500 Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total Prepare the production budget by first calculating the total units needed, then calculate the units to produce Hoffman Foods Production Budget For the Quarters in the upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Unit sales Plus Desired ending inventory Total needed Less Beginning inventory Units to produce Enter any number in the edit fields and then continue to the next question. Save for Later Us