Step 2: Production Budget Points Possible: 0.1 pts*17 = 1.7 pts Instruction: Buff Company expects to meet future sales requirements by maintaing an ending inventory equal to 20% of the next quarter's budgted sales volume. Use these information to complete the production budget. Ending Inventory as of next quarter's sales volume: Ending Finished Goods Inventory on Decemeber 31, 2021: Expected Sales Volume for Quarter 1 of year 2023: 20% 420 2.900 units units Buff Company Production Budget For the year ending December 31, 2022 Quarter Quarter 1 Quarter 2 Quarter 3 2.100 2.400 2.900 Year Quarter 4 3,900 Expected Unit Sales Add: Desired ending Finished Goods Units Total Required Units Less: Beginning Finished Goods Units Required Production Units