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Metlock Company estimates that unit sales will be 9,700 in quarter 1; 11,800 in quarter 2; 14,500 in quarter 3; and 18,200 in quarter 4.
Metlock Company estimates that unit sales will be 9,700 in quarter 1; 11,800 in quarter 2; 14,500 in quarter 3; and 18,200 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022.
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