ABC Company wants ending inventory to be equal to $30\%$ of the following month's budgeted sales in units. As well, assume on December $31$ of the previous quarter $5,500$ units were on hand.Prepare a Production Budget,ABC CompanyProduction BudgetJanuaryFebruaryMarchQuarterBudgeted Sales $($units$)$Add: Desired Ending InventoryTotal Units NeededLess: Beginning InventoryRequired Production