Hoffman anticiaptes selling 223,000 jars with total sales revenue of 260,000 in the first quarter of the year followinf the year given in the table below. Hoffam has a plicy that the ending inventory of jars must be 30% of the following quaters saes.

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.

Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows Number of jars sold 1st quarter 2nd quarter 3rd quarter 4th quarter Total sales revenue $181,000 $219,000 $255,000 $199,000 152,500 181,500 213,000 160,500 Prepare the production budget by first calculating the total units needed, then calculate the units to produce Hoffman Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter4 Year Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce