mpany policy dictates that ending inventory should equal 20 percent of the next quarter's sales for deluxes and 10 percent of next quarter's sales for standards. equired: Prepare a sales budget for each quarter and for the year in total. Show sales by product and in total for each time period. 2. Prepare a separate production budget for each product for each of the first three quarters of the year. Production budget for deluxes: Production budget for standards