Production Budget Problem Avatar, Inc. has budgeted the following unit sales: 2021 2022 Quarter Units Quarter Units 1 100,000 1 120,000 2 110,000 3 125,000 4 130,000 The finished goods inventory on hand on December 31, 2020 was 25,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 25% of the next quarter's anticipated sales. 1. Prepare a production budget for 2021. Expected unit sales Add: Desired ending finished goods units Total required finished goods units Less: Beginning finished goods units Required production units Sheet1 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total