The finished goods inventory on hand on December 31, 2015 was 21,000 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. Prepare a production budget for 2016. BENET COMPANY Production Budget For the Year Ended December 31, 2016 Quarter 2 3 4 Benet Company has budgeted the following unit sales 2017 2016 Quarter Units Quarter Units 190,000 1 105,000 2 60,000 3 75,000 4 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 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. Prepare a production budget for 2016