1.

Question. Cher Company's sales budget shows the following projections for the year ending Dec. 31, 2021: First quarter 40,000 units Third quarter 55,000 units Second quarter 60,000 units Fourth quarter 45,000 units Inventory at Dec. 31 of the prior year was budgeted at 22,000 units. The quantity of finished goods inventory at the end of each quarter is equal to 40% of the next quarter's budgeted unit sales. How much should the production budget show for in units for one year ending Dec. 31, 2021 assuming that the estimated sales in units on the first quarter of 2022 is 50,000