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Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Stenback Foods Production Budget For the Upcoming Year

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Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Stenback Foods Production Budget For the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Desired ending inventory Total needed Less: Beginning inventory Units to produce Stenback Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Number of jars Total sales revenue sold 1st quarter $187.000 155,000 2nd quarter $215,000 184 500 3rd quarter $259,000 211.000 4th quarter $193,000 164 000 . . Stenback anticipates selling 224,000 jars with total sales revenue of $268,000 in the first quarter of the year following the year given in the table to the left. Stenback has a policy that the ending inventory of jars must be 20% of the following quarter's sales. Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total

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