revenue Austen Foods produces specialty soup sold in jars. The projected sales in dollars Austen anticipates selling 224,000 jars with total sales revenue of $260,000 in and jars for each quarter of the upcoming year are as follows: the first quarter of the year following the year given in the preceding table. Total sales Number of jars Austen has a policy that the ending inventory of jars must be 30% of the sold following quarter's sales 1st quarter ...5 185,000 150,000 Requirement 2nd quarter $ Prepare a production budget for the year that shows the number of jars to be 213,000 185,009 produced each quarter and for the year in total 3rd quarter ... 256,000 210,500 4th quarter $ 191.000 163,000 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Austen Foods Production Budget For the Quarters in the upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce P