Study the information given below and prepare the production budget for January, February and March 2021

INFORMATION

Dream Coat Limited produces coats. The sales budget for the first 5 months of 2021 shows the following projections:

Month	units
January	20 000
February	22 000
March	24 000
April	23 000

The desired quantity of finished goods inventory at the end of each month is to be equal to 20% of the next months budgeted unit sales.