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Cleary Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows:

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Cleary 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 Number of jars revenue sold Cleary anticipates selling 220,000 jars with total sales revenue of $269,000 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. 180,000 150,000 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. 1st quarter.... $ 2nd quarter... $ 3rd quarter $ 212,000 185,000 256,000 213,000 4th quarter .. $ 195,000 164,500 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 Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce

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