Sheffield Company estimates that unit sales will be $13,000$ in quarter $1,18,200$ in quarter $2,19,500$ in quarter $3,$ and $23,400$ in quarter

The unit selling price is $$70.$ Management desires to have an ending finished goods inventory equal to $25\%$ of the next quarter's

expected unit sales.

Prepare a production budget by quarters for the first $6$ months of $2022.$

SHEFFIELD COMPANY

Production Budget

Quarter

Add

Desired Ending Finished Goods Inventory

$19500$

Total Required Units

Less

Beginning Finished Goods Inventory

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