On January 1, 2020, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2020.

Sales units:		First quarter 5,100; second quarter 6,800; third quarter 7,300.
Ending raw materials inventory:		40% of the next quarters production requirements.
Ending finished goods inventory:		25% of the next quarters expected sales units.
Third-quarter production:		7,390 units.

The ending raw materials and finished goods inventories at December 31, 2019, follow the same percentage relationships to production and sales that occur in 2020. 4 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $5 per pound.

Prepare a production budget by quarters for the 6-month period ended June 30, 2020.

Hardin Co.

Production Budget

For the 6 Months Ending June, 30, 2020

Quarter. 1 2 3

Expected Unit Sales 5100 6800

Add: Desired Ending Finished Goods Unit __________ _______

Total Required Units ___________ ________

Less: Beginning Finished Goods Unit ____________ _________

Required Production Units ____________ __________ ____________