Exercise 10.23 The sales forecast for birdhouses built by Ayayal Enterprises follows. Beginning inventory for the year is expected to be 14,000 birdhouses, and the production manager prefers to maintain an ending Inventory of 25% of the next quarter's sales. Quarter Number of Birdhouses 14,000 Second 42,000 Third 47.000 Fourth 70,000 Prepare a quarterly production budget. Assume that the sales forecast for the first quarter of the following year is the same as the first quarter forecast for this year, Quarter First Second Third Fourth Desired Ending inventory Production Requins Planned Beginning inventory Planned Sales Total Units Meded Question Attempts: 0 of 9 used