Requirement: Prepare the production budget for Carter Inc.. Company policy calls for a given quarter's ending finished goods inventory to equal 50% of the next quarter's expected unit sales. The finished goods inventory at the end of the prior year is 495 units, which complies with the policy. Expected sales (in units) for the current year are: 990 (Quarter 1), 660 (Quarter 2), 880 (Quarter 3), and 880 (Quarter 4). Sales for the first quarter of the following year total 1,320 units. Show less Carter Inc. Production Budget For the year ended December 31, 2018 First Qtr. Second Qtr. Third Qtr. Fourth Qtr. Total Ratio of inventory to future sales Budgeted ending inventory (units) Required units of available production Units to be produced