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Production Budget Assume that Stillwater Designs produces two automotive subwocfers: $12L7 and 51215 . The $12L7 sells for $475, and the S12L. sells for $300.

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Production Budget Assume that Stillwater Designs produces two automotive subwocfers: $12L7 and 51215 . The $12L7 sells for $475, and the S12L. sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Stillwater Designs needs a production budget for each product (representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of \$12L7 for the first quarter of 20Y1 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of 512L7 in ending inventory. Beginning inventory of S12L.5 was 170 boxes. The company's policy is to have 30% of the next quarter's sales of \$12L5 in ending inventory. Required: Prepare a production budget for each quarter for 20Y1 and for the year in total. Enter amounts as positive numbers

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