inventery of finished goods at the end of each month should equal $20\%ff$ the next mon However, on December $31$ the finished goods inventory totaled$($only $4,000$ units. Each roduct requires three $-$ specialized electrical switches. Since the production of th alized switches by Key's suppliers is sometimes irregular the company has a polic taining ancending inventory at the end of each month qual $039\%$ of the next mo iction needs. This requirement had been met on January $1$ of the current year.

ired:

pare a budget showing the fequired production each month for January, February, M pril.

pare a budget showing the quantity of switches to be purchased each month for $J$ ry$,$ and March.

n:

ompany's production budget is as follows:

January February $,$ March