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Lily Company estimates that unit sales will be 8,400 in quarter 1. 11.760 in quarter 2, 12,600 in quarter 3, and 15,120 in quarter

Lily Company estimates that unit sales will be 8,400 in quarter 1. 11.760 in quarter 2, 12,600 in quarter 3, and 15,120 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022. LILY COMPANY Production Budget : Quarter 2 Six Mor C A

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