financial accounting

1)Jordan Corp has the following sales data forecast for the next year Q1 Budgeted sales in units 4,960.00 Q2 Budgeted sales in units 6,200.00 Q3 Budgeted sales in units 7,440.00 Q4 Budgeted sales in units 6,820.00 Selling price/ per unit 12.40 Sales collection in current quarter 65% Sales collection in next quarter 30% Uncollectible 5\% Last year outstanding A/R $49,910.00 Last year ending inventory 1240.00 desired ending inventory is 9.30% of next quarter budgeted sales desired ending inventory for the forth quarter is 1395.00 Please use the budget format shown in the lecture notes to prepare the Sales and Production Budget