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Kyler Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows:
Kyler Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales Number of jars sold 154,500 181,500 214,000 162,500 revenue 1st quarter .... $ 2nd quarter ... $ 3rd quarter 4th quarter 188,000 214,000 253,000 $ ..S 197,000 Unit sales Plus: Desired ending inventory Total needed Kyler Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 C Kyler anticipates selling 222,000 jars with total sales revenue of $264,000 in the first quarter of the year following the year given in the preceding table. Kyler has a policy that the ending inventory of jars must be 20% of the following quarter's sales. 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. Quarter 4 Year
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