Pharoah Company estimates that unit sales will be 9,500 in quarter 1: 12,000 in quarter 2; 14,200 in quarter 3; and 18,600 in quarter 4. Management wants to have an ending finished goods inventory equal to 19% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. PHAROAH COMPANY Production Budget For the Six Months Ending June 30, 2022 nit sales 9500 Quarter 2 12000 Total 21500 Desired ending finished goods 2280 2698 4978 ed units 11780 14698 26478 Beginning finished goods inventory (1805) (2280) (4085)