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2. Jacob Ladders has forecast 2019-2020 sales as follows Quarter 4 10 000 12 000 Budget Sales (units) 8000 6000 Unit selling price is $10.

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2. Jacob Ladders has forecast 2019-2020 sales as follows Quarter 4 10 000 12 000 Budget Sales (units) 8000 6000 Unit selling price is $10. Each quarter's ending inventory is to be 20% of the following quarter's budgeted sales. Required: Prepare the production budgets for the first three quarters of 2019-2020

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