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Assume that Stillwater Designs produces two automotive subwoofers: $12L7 and $1215. The $12L7 sells for $475, and the $12L5 sells for $300, Projected sales (number

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Assume that Stillwater Designs produces two automotive subwoofers: $12L7 and $1215. The $12L7 sells for $475, and the $12L5 sells for $300, Projected sales (number of speakers) for the coming five quarters are as follows: The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Stllwater 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 $12L7 in ending inventory. Beginning inventory of $12LS was 170 boxes. The company's policy is to have 30% of the next quarter's sales of 512L5 in ending inventory. Required: Prepare a production budget for each quarter for 20Y1 and for the year in totat. Prepare a production budget for each quarter for 20Y1 and for the year in total. Propare a production budget for each quarter for 20Y1 and for the year in total. If required, round your answers to nearest whole value

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