Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each Hoffman anticipates selling 220,000 jars with total sales revenue of $267,000 in the first quarter quarter of the upcoming year are as follows: of the year following the year given in the table to the left. Hoffman has a policy that the ending Number of jars inventory of jars must be 20% of the following quarter's sales. Total sales revenue sold Prepare a production budget for the year that shows the number of jars to be produced each 1st quarter . . . . $ 181,000 152,500 quarter and for the year in total. 2nd quarter . . . . $218,000 182,500 3rd quarter . . . . $259,000 214,500 4th quarter . . .. $ 191,000 164,500 - . . Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Hoffman Foods Production Budget For the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Desired ending inventory Total needed Less: Beginning inventory Units to produce