On January 1, 2022, the Wildhorse Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2022.

Sales units:		First quarter 6,100; second quarter 7,320; third quarter 8,540.
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:		8,700 units.

The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022. 3 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound.

Prepare a production budget by quarters for the 6-month period ended June 30, 2022. WILDHORSE COMPANY Production Budget Quarter 1 2