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Bonita Industries estimates its sales at 2 0 0 0 0 0 units in the first quarter and that sales will increase by 2 5

Bonita Industries estimates its sales at 200000 units in the first quarter and that sales will increase by 25000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $35.40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is collected in the quarter following sale.
Production in units for the third quarter should be budgeted at
318750.
250000.
256250.
231250.
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