Preparing a Production Budget Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: January 41,000 February 38,000 March 50,000 April 51,000 Patrick's policy is to have 25% of next month's sales in ending Inventory. On January 1, it is expected that there will be 4,550 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. I required, round your answers to the nearest whole unit. Patrick Inc. Production Budget For the Coming Quarter January February March 1st Quarter Total Sales 41,000 38,000 50,000 Desired ending inventory 6.460 X Total needs Less: Beginning inventory FEE Units to be produced Fend