1. Johnson Co. provides the following sales estimates for the upcoming year:

Quarter 1 ..10,000 units

Quarter 215,000 units

Quarter 3 ..18,000 units

Quarter 4 ..23,000 units

Johnson Co. will sell the units for $75 per unit

Prepare a Sales Budget for Johnson Co. for next year.

2. Using the sales units from #1, prepare a Production Budget for Johnson Co. for the 1^stand 2^nd quarters of next year. Johnsons management desires an ending inventory of 10% of next months sales units. The December 31, ending inventory value was 1,000 units. Show your work.