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Company R sells coffee mugs for $4 each. The following is known about Company R's sales budget. Q1 Q2 Q3 24 Budgeted sales $130,000 $170,000

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Company R sells coffee mugs for $4 each. The following is known about Company R's sales budget. Q1 Q2 Q3 24 Budgeted sales $130,000 $170,000 $120,000 $108,000 The Company's policy is to produce enough mugs to have 20% of the following quarter's budgeted sales volume on hand plus a cushion of an additional 2,500 mugs. If Company R started the year with 12,000 mugs in inventory, what is the production budget (in mugs) for Q3

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