Athos Pies produces frozen pies for resale at local grocery stores. The company is currently in the process of establishing a master budget on a quarterly basis for this coming fiscal year, which ends December 31, 2020.

Prior year (2019) quarterly sales were as follows:

Quarter 1	7,200 pies
Quarter 2	10,500 pies
Quarter 3	8,500 pies
Quarter 4	15,800 pies

In the coming year (2020), pie sales are expected to increase 15% over 2019, and each pie is expected to sell for $5. Management prefers to maintain ending finished goods inventory equal to 8% of next quarters sales. Assume desired finished goods inventory at the end of the fourth quarter of 2020 is estimated to be 2,000 pies.

Prepare a production budget in good form for Athos Pies for 2020:

[Provide your answers in the table below.]

	Q1	Q2	Q3	Q4	Total
Pies Needed
Total to Produce