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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:

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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: Hoffman anticipates selling 223,000 jars with total sales revenue of $260,000 in the first quarter of the year following the year given in the preceding table. Hoffman has a policy that the ending inventory of jars must be 30% of the following quarter's sales. . Total sales revenue $ 181,000 $219,000 $255,000 $ 199,000 1st quarter 2nd quarter 3rd quarter 4th quarter Number of jars sold 152,500 181,500 213,000 160,500 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. TomTom Tvous Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Enter any number in the edit fields and then click Check Answer. part remaining Clear All Check

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