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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
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: revenue Total sales Number of jars sold 1st quarter...S 181,000 150,500 2nd quarter ..$ 213,000 182,500 3rd quarter... S 254,000 211,500 4th quarter...$ 199,000 160,500 Kyler anticipates selling 221,000 jars with total sales revenue of $266,000 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 30% 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 Prepare the production budget by first calculating the total units needed, then calculate the units to produce Kyler Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year
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