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Bottom first Less: Beginning inventory Units to produce Stenback anticipates selling 221,000 jars with total sales revenue of $262.000 in the first quarter of the

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Bottom first
Less: Beginning inventory Units to produce Stenback anticipates selling 221,000 jars with total sales revenue of $262.000 in the first quarter of the year following the year given in the preceding table. Stenback has a policy that the ending inventory of jars must be 20% of the following quarter's sales, Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total Stenback Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales revenue Number of jars sold 1st quarter... $183,000 153,500 2nd quarter $219,000 184,500 3rd quarter. $250,000 215,000 4th quarter $199.000 160.500 Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Enter any number in the edit fields and then click Check

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