Please be clear with your answer....

Chapter 9 Open-Ended Assignment Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. Taffy's Cookies produces cookies for resale at local grocery stores. The company is currently in the process of establishing a master budget on a quarterly basis for this coming fiscal year, which ends December 31. Prior year quarterly sales were as follows ( 1 unit =1 batch): \begin{tabular}{|l|l|c|l|l|} \hline & First Quarter & 6,000 units & & \\ \hline & Second Quarter & 7,600 units & & \\ \hline & Third Quarter & 11,000 units & & \\ \hline & Fourth Quarter & 9,400 units & & \\ \hline & & & & \\ \hline \end{tabular} Unit sales are expected to increase 20 percent, and each unit is expected to sell for \$6. Management prefers to maintain ending finished goods inventory equal to 12 percent of next quarter's sales. Assume finished goods inventory at the end of the fourth quarter budget period is estimated to be 1,700 units. Required: A. Prepare a sales budget for Taffy's Cookies. B. Prepare a production budget for Taffy's Cookies. Your answers to this open-ended assignment should be placed in the space below this line. A Taffy's Cookies Sales Budget Year Ending December 31 Quarter \begin{tabular}{|l|l|l|l|l} \hline 1 & 2 & 3 & 4 & Year \\ \hline \end{tabular} Prior year sales, in units Increase of 20% Projected sales, in units Price per unit Budgeted sales, in dollars B Units to be produced