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Cleary anticipates selling 220,000 jars with total sales revenue of 5268,000 in the first quarter of the year following the year given in the preceding

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Cleary anticipates selling 220,000 jars with total sales revenue of 5268,000 in the first quarter of the year following the year given in the preceding table Cleary has a policy that the ending inventory of jars must be 25% of the following quarter's sales Cleary Foods produces specially soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales Number of jars revenue sold 1st quarter ...5 183,000 154,000 2nd quarter 5 212,000 184,500 3rd quarter . 259,000 213.000 4th quarter .$ 193.000 161.000 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 Prepare the production budget by first calculating the total units needed, then calculate the units to produce Cleary Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unt sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce

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