Bonita Furniture builds high-end hand-made dining tables. Attacus Simmons, the company's owner, has developed the following sales forecast for 2018.

Prepare Bonita's production budget for 2018. Assume that the desired ending inventory for 2018 is 546 tables.

gen.wileyplus.com/edugen/ti/main.uni Help System Announcements CALCULATOR PRINTER VERSION 4 BACK N Question 1 Bonita Furniture builds high-end hand-made dining tables. Attacus Simmons, the company's owner, has developed the following sales forecast for 2018. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Forecasted sales (tables) 2,519 2,785 2,975 1,835 Because of the time needed to create each table, Bonita maintains an ending Finished Goods Inventory of 20% of the following quarter's budgeted sales. Bonita has been following this inventory policy for several years. The company ended 2017 with 504 tables on hand. The standard cost card for a table is as follows: Total Standard Cost $100 American cherry wood American cherry turning square (legs) Direct labor Variable overhead Fixed overhead Standard Quantity 25 board feet 4 squares 12 DLH 12 DLH 12 DLH Standard Price $4/board foot $8/square $16/DUH $56/DLM $9/DUH + 32 192 672 108 $1,104 Prepare Bonita's production budget for 2018. Assume that the desired ending inventory for 2018 is 546 tables. (Round answers to o decimal places, e.g. 5,275.) Production Budget 1" Quarter 2nd Quarter 3 Quarter 4 Quarter Annual Show N 28 A )))