Custom Embroidering, Inc. (CEI) manufactures baseball hats with the Arizona State University Sun Devil logo embroidered on the hats. Even though the baseball hats come in a variety of colors, the hats are considered to be a single product. Each hat sells for $20 and CEI has forecasted quarterly sales for 2020 are as follows: Units 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $150,000 $200,000 $225,000 $175,000 Dollars 7,500 10,000 11,250 8,750 Finished goods inventory is maintained at 50% of the following quarter's sales. How many units need to be produced during the first quarter 2020? (The January 1, 2020 beginning inventory is 3,750 units) O 12,500 O 16,500 6,250 8,750