speakers$)$ for the coming five quarters are as follows:

$\backslash$table$[[,$$$12$L$7,$$$12$L$5],[$First quarter, $20$Y$1,1,080,1,755],[$Second quarter, $20$Y$1,2,970,1,890],[$Third quarter, $20$Y$1,7,560,7,155],[$Fourth quarter, $20$Y$1,6,210,5,265],[$First quarter, $20$Y$2,1,215,1,620]]$

The vice president of sales believes that the projected sales are realistic and can be achieved by the company. company's policy is to have $30\%$ of the next quarter's sales of $S12L5$ in ending inventory.

Required:

Prepare a production budget for each quarter for $20Y1$ and for the year in total.

Stillwater Designs

Production Budget for $S12L7$

For the Year Ended December $31,20$ Y$1$

Line Item Description $1$st Qtr$.2$nd Qtr$.3$rd Qtr$.4$th Qtr$.$ Year

Sales

Desired ending inventory

Less: Beginning inventory

Units produced