anticipates selling 221,000 jars with total sales revenue of

$264,000 in the first quarter of the year following the year given in the preceding table. Gable has a policy that the ending inventory of jars must be 20?% of the following?quarter's sales.

a production budget for the year that shows the number of jars to be produced each quarter and for the year in total.

mathxl.com/Student/PlayerTest.aspx?testld=212097709¢erwin=yes AC 211 Spring 2020 11:30 am to 12:45 pm CRN 11666 Matt Coloian & | 05/09/20 3:21 PM Test: Exam #4 Final Exam Chapters 9 and 11 Time Remaining: 02:28:22 Submit Test This Question: 25 pts 3 of 4 (4 complete) This Test: 100 pts possible Gable Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of Gable anticipates selling 221,000 jars with total sales revenue of $264,000 in the first quarter of the year the upcoming year are as follows: following the year given in the preceding table. Gable has a policy that the ending inventory of jars must be Total sales revenue Number of jars sold 20% of the following quarter's sales. 1st quarter . . . . $ 184,000 152,500 Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for 2nd quarter . . . . $216,000 184,500 the year in total. 3rd quarter . . . . $258,000 214,500 4th quarter . . . . $193,000 165,000 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Gable Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce Enter any number in the edit fields and then continue to the next