Production Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and 51215. The S12L7 sells for $475, and the S12L5 sells for $300, Projected sales(number of speakers) for the coming five quarters are as follows: S12L7 S12L5 920 First quarter, 2091 Second quarter, 2011 1.495 2,530 1,610 Third quarter, 2011 6,400 6,095 Fourth quarter, 2011 5.290 4,485 1,035 1,380 First quarter, 2012 The vice president of sales believes that the projected sales are realistic and can be achieved by the company Stiltwater Designs needs a production budget for each product, (representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of S12L7 for the first quarter of 2071 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of S1217 in ending inventory Beginning inventory of S12L5 was 170 boxes. The company's policy is to have 30% of the next quarter's sales of S1215 in ending Inventory Required: Prepare a production budget for each quarter for 2011 and for the year in total Stillwater Designs Production Budget for S12L7 For the Year Ended December 31, 2011 Stillwater Designs Production Budget for S12L7 For the Year Ended December 31, 2011 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year Sales Desired ending Inventory Total needs Les Beginning inventory Units produced Prepare a production budoet for each quarter for 2011, and for the year in total of required, round your answers to nearest whole value Stillwater Designs Production Budget for S12LS For the Year Ended December 31, 2011 1st Qtr. 2nd Qtr. 3rd Qtr. 4th otr. Year Sales Desired ending inventory Total needs Less: Beginning Inventory o Units produced