Swifty Furniture builds high-end hand-made dining tables. Attacus Simmons, the companys owner, has developed the following sales forecast for 2022.

		1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Forecasted sales (tables)		2,700		3,200		2,800		1,700

Because of the time needed to create each table, Swifty maintains an ending Finished Goods Inventory of 20% of the following quarters budgeted sales. Swifty has been following this inventory policy for several years. The company ended 2021 with 400 tables on hand. The standard cost card for a table is as follows:

		Standard Quantity		Standard Price			Total Standard Cost
American cherry wood		20 board feet		$4/board foot				$80
American cherry turning square (legs)		4 squares		$8/square				32
Direct labor		8 DLH		$15/DLH				120
Variable overhead		8 DLH		$45/DLH				360
Fixed overhead		8 DLH		$12/DLH				96
								$688

(a)

Prepare Swiftys production budget for 2022. Assume that the desired ending inventory for 2022 is 500 tables.