Michael Jones, Concord & Jones Fabricators' production manager has just received the company's sales budget for the first quarter. Quarter 82,000 Budgeted units sold Budgeted sales price Budgeted revenue January February March 21.000 29,000 32,000 $22 $22 $22 $22 $462,000 $638,000 $704,000 $1,804,000 Budgeted sales of Aprilis 33,000. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Michael plans to have 2,400 finished bricks at a cost of 549,280 in inventory at the beginning of the year. Prepare Concord & Jones's production budget for the first quarter. January February Quarter March I e Textbook and Media Attempts: 0 of 10 used Submit Answer Save for later