The Bermin Company has budgeted the following unit sales:

2017 2018

Quarter Units Quarter Units

1 50,000 1 34,000

2 20,000

3 35,000

4 60,000

The finished goods inventory on hand on December 31, 2016 was 10,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales.

Instructions

Please prepare a production budget for 2017.