complete the direct materials and production budgets for the first quarter of the year

Production Budget First Quarter January February March Total April Expected Unit Sales 10,000 8,000 9,000 11,000 + Desired ending finished 1. 2. 3. Total Required 4. 5. 6. Less. Beg. finished goods 7. 8. 9. 2,200 Required production units 10 12. 13. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated sales. The finished goods units on hand on December 31, 2016, was 2,000 units