Precious Gifts Ltd produces and sells mugs. To prevent out of stock situations, the company requires that 20% of the next month's sales be on hand at the end of each month. Budgeted sales of mugs over the next four months are: Budgeted sales in units: January: 60,000 February: 80,000 March: 120,000 April: 100,000 Budgeted production for March would be:

116,000 units.

124,000 units.

140,000 units.

100,000 units.