Osborne Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales Number of jars revenue sold Osborne anticipates selling 225,000 jars with total sales revenue of $260,000 in the first quarter of the year following the year given in the preceding table. Osborne has a policy that the ending inventory of jars must be 25% of the following quarter's sales. Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total. 154,500 186,000 216,000 180,500 1st quarter.... $ 2nd quarter ... $ 3rd quarter ... $ 4th quarter ... $ 210,000 256,000 191,000 165,000 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Osborne Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce