Esquire Products Inc. expects the following monthly sales:

January	$	44,000	July		$ 38,000
February		35,000	August		42,000
March		28,000	September		45,000
April		30,000	October		50,000
May		24,000	November		58,000
June		22,000	December		40,000
Total sales = $456,000

Cash sales are 40 percent in a given month, with the remainder going into accounts receivable. All receivables are collected in the month following the sale. Esquire sells all of its goods for $2 each and produces them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12.

a.	Generate a monthly production and inventory schedule in units. Beginning inventory in January is 28,000 units.

Esquire Products Inc.
Production and Inventory Schedule in Units
	Beginning inventory	+	Production