E9-20A

E9-20A (similar to) Question Help Rouse 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 Rouse anticipates selling 222,000 jars with total sales revenue of $266,000 in the first quarter of the year following the year given in the preceding table. Rouse has a policy that the ending inventory of jars must be 25% of the following quarter's sales. 183,000 150,500 211,000 180,000 1st quarter .. $ 2nd quarter $ 3rd quarter $ 4th quarter ... $ 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. 256,000 215,000 193,000 163,000 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Rouse 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