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January February March Quarter Budgeted units sold 20,000 28,000 32,000 80,000 Budgeted sales price $ 18 $ 18 $ 18 $ 18 Budgeted revenue $360,000

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January February March Quarter Budgeted units sold 20,000 28,000 32,000 80,000 Budgeted sales price $ 18 $ 18 $ 18 $ 18 Budgeted revenue $360,000 $504,000 $ 576,000 $1,440,000 Budgeted sales of April is 33,000. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Jason plans to have 2,200 finished bricks at a cost of $ 49,280 in inventory at the beginning of the year. Prepare Vaughn & Allen's production budget for the first quarter. January February March Budgeted unit sales 20000 28000 32000 Budgeted ending inventory 6000 8400 9600 Total units required 26000 36400 41600 Beginning inventory 2200 6000 8400 Budgeted production Quarter 80000 24000 104000 2200

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