Layne Cedar manufactures cedar chests. The estimated number of chests for the first three months of 2016 is as follows:

Month	Sales
January	10,000
February	14,000
March	13,000

Finished goods inventory at the end of December is 3,000 units. Ending finished goods are equal to 30 percent of next month's sales. April 2016 sales are expected to total 16,000 units. How many chests should be budgeted to be produced in the first quarter of 2016?

		41,800 chests
		38,800 chests
		37,000 chests
		44,800 chests
		48,400 chests