Master Budgeting Qqtar Inc manufactures Tshirt for teenagers. Qqtar Inc has a budget units to be sold for each quarter of the coming year 1000, 1200, 1500, 2000. And selling price is $10/unit Required: Prepare sales budget for each quarter and for the year Once sales budget has been prepared, then Qqtar make production budget. Budgeted unit to be sold for each quarter are 1,000, 1, 200, 1, 500, 2,000. Assume that company policy requires 20% of the next quarter's sales in ending inventory and that beginning inventory of tshirt for the first quarter of the year was 180. Assume also that sales for the first quarter of the year after the budget year are estimated at 1,000 units. Required: Calculate ending inventory in unit for each quarter of the year Prepare sales budget for each quarter and for the year