Refer to Exhibit 9-6 on page 521 (Production Budget) to format your table in your answer. Arrows are not needed.

Chef-Tea Ltd produces a tea powder, sold in plastic-free 5-ounce boxed packages for $10 each. Demand is high for this product. Chef-Tea expects the following level of sales in the next four months:

November 50,000 boxes

December 120,000 boxes

January 80,000 boxes

February 100,000 boxes

During the current month (October) Chef-Tea expects sales of 35,000 boxes; March sales are expected to be 110,000 boxes. The company policy is for the months ending inventory to be 5% of next months unit sales. Complete a Production Budget, showing the number of boxes to be produced each month from November to February.