ChrisAnderson, Sheffield & Anderson Fabricators' production manager, has just received the company's sales budget for the first quarter.

January-25,000

February-28,000

March-32,000

Quarter-85,000

Budgeted sales price

$16

$16

$16

$16

Budgeted revenue

$400,000

$448,000

$512,000

$1,360,000

Budgeted sales of April is 36,000. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. Chris plans to have 3,200 finished bricks at a cost of $49,280 in inventory at the beginning of the year.

Prepare Sheffield & Anderson's production budget for the first quarter.