The marketing department of Graber Corporation has submitted the following sales forecast for the upcoming fiscal year 1st Quarter 15,000 2nd Quarter 14,000 3rd Quarter 13,000 4th Quarter 14,000 Budgeted unit sales The selling price of the company's product is $26.00 per unit. Management expects to collect 70% of sales in the quarter in which the sales are made, 20% in the following quarter, and 10% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $63,000 The company expects to start the first quarter with 2,250 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,450 units Required 1a. Compute the company's total sales Graber Corporation Sales Budget 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Year Budgeted sales in units Selling price per unit Total sales