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Table Company estimates that unit sales will be 10,400 in quarter 1; 11,800 in quarter 2; 14,100 in quarter 3; and 17,200 in quarter 4.

Table Company estimates that unit sales will be 10,400 in quarter 1; 11,800 in quarter 2; 14,100 in quarter 3; and 17,200 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales.

Prepare a production budget by quarters for the first six months of 2022. See the example format

Table Company

Production Report

For Quarters 1 and 2

Quarter 1

Quarter 2

Total

Expected Units

Desired Finished Goods

Total Required Units

Beginning Finish Good Inventories

Required Production Needs

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