Problem 4-22 Schedule of cash payments (L04-2] Wright Lighting Fixtures forecasts its sales in units for the next four months as follows: March April May June 20,000 22.000 19,500 18,000 Wright maintains an ending inventory for each month in the amount of two and one-half times the expected sales in the following month. The ending inventory for February (March's beginning inventory reflects this policy. Materials cost $7 per unit and are paid for In the month after production Labor cost is $11 per unit and is paid for in the month incurred. Fixed overhead is $19.000 per month Dividends of $21.400 are to be paid in May. The firm produced 19,000 units in February Complete a production schedule and a summary of cash payments for March April and May. Remember that production in any one month is equal to sales plus desired ending inventory minus beginning inventory Wright Lighting Fixtures Production Schedule March April Mily June Projected unit sales Desired ending inventory Total units required Beginning inventory Units to be produced 0 0 0 0 Cash Payments February March April May Units produced Material cost Labor cost Fixed overhead Dividends Total cash payments $ 0$ 0 $