Bonita Company estimates that unit sales will be 10,400 in quarter 1; 11,800 in quarter 2; 14,100 in quarter 3; and 17,200 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a

production budget by quarters for the first six months of 2022.

BONITA COMPANY Production Budget

For the Six Months Ending June 30, 2022

Quarter Tot

Expected unit sales 10400 11800

Add : Desired ending finished goods = 2478 3,612