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ACME Corporation is preparing its master budget for upcoming year 2023. Sales for the year are expected as follows: Quarter 1: 120,000 Quarter 2: 150,000

ACME Corporation is preparing its master budget for upcoming year 2023.

Sales for the year are expected as follows:

Quarter 1: 120,000

Quarter 2: 150,000

Quarter 3: 120,000

Quarter 4: 210,000

Management desires to maintain the ending finished goods inventories at 25% of the next quarter's budgeted sales volume. Sales for the first quarter of 2024 is expected to be 160,000 units.

Prepare the production budget for the year 2023, by quarters

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