Patrick Inc, makes industral solvents. In the tirst a months of the coming year, patnck expects the following unit sales:

$\backslash$table$[[$January$,41,000],[$February :$,38,000],[$March$,50,000],[$April$,51,000]]$

Patrick's policy is to have $23\%$ of next month's sales in ending inventory. On lanuary $1,$ it is expected that there will be $4,350$ drums of solvent on hand.

Required:

Prepare a production budget for the first quarter of the year. Show the number of drums that should be produced each month as well as for the quarter in total. If requiret round your answers to the nearest whole unit.

Patrick Inc.

Production Budget

For the Coming Quarter

$\backslash$table$[[$Line Item Description Jantary February March,$],[$Sales$,1$st Quarter$],[$Desired ending inventory,$],[$Total needs,$],[$Less: Beginning inventory,$],[$Units to be produced,$]]$