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Franco Industries sales budget shows quarterly sales for the next year as follows: Quarter 1 8,000; Quarter 2-6,000; Quarter 3-10,000; Quarter 4-12,000. Company policy is

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Franco Industries sales budget shows quarterly sales for the next year as follows: Quarter 1 8,000; Quarter 2-6,000; Quarter 3-10,000; Quarter 4-12,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 10% of the next quarter's sules, Budgeted procuction for the second quarter of next year would be: 1. 5,800 units 2. 10,000 units 3. 6,400 units 04 7,000 units

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