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Production Budget Assume that stillwater Designs produces two automotive subwoofers: S12L7 and 51215. The 51217 sells for $475, and the 51205 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: S12L7 S12L5 First quarter, 2011 1,040 1,690 Second quarter, 2011 2,860 1,820 Third quarter, 2011 7,280 6,890 1,170 Fourth quartier, 2011 5,980 5,070 First quarter, 2012 1,560 The vice president of sales believes that the projected sales are realistic and can be achieved by the company, Selter Designs needs a production budget for each product representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of S12L7 for the first quarter of 20Y1 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of 51217 in ending inventory. Beginning inventory of 512 was 170 boxes. The company's policy is to have 30% of the next quarter's sales of 12.5 in ending inventory Required: Prepare a production budget for each quarter for 2011 and for the year in total Stillwater Designs Production Budget for 512L7 For the Year Ended December 31, 2011 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qir. Year D Nave Stillwater Designs Production Budget for S12L7 For the Year Ended December 31, 2011 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year Sales Desired ending inventory Total needs Less: Beginning inventory Units produced Prepare a production budget for each quarter for 2011 and for the year in total. If required, round your answers to nearest whole value Stillwater Designs Production Budget for S12L5 For the Year Ended December 31, 2011 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year Sales Desired ending inventory Total needs Les Beginning inventory Units produced