Mckinght 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 revenue

Number of jars sold

$1$st quarter

$$181,000$

$153,500$

$2$nd quarter

$$214,000$

$183,000$

$3$rd quarter

$$256,000$

$212,500$

$4$th quarter

$$192,000$

$162,000$

$.$

$.$

$.$

Question content area top right

Part $1$

McKnight anticipates selling $220$ comma $000$ jars with total sales revenue of $ $266$ comma $000$ in the first quarter of the year following the year given in the table to the left. McKnight has a policy that the ending inventory of jars must be $30\%$ of the following$$ quarter's sales.

Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total.

Question content area bottom

Part $1$

Prepare the production budget by first calculating the total units$$ needed, then calculate the units to produce.

McKnight Foods

Production Budget

For the Upcoming Year

Quarter $1$

Quarter $2$

Quarter $3$

Quarter $4$

Year

Unit sales

Desired ending inventory

Total needed

Less: Beginning inventory

Umknightnits to produce