The marketing department of Graber Corporation has submitted the following sales forecast for the upcoming fiscal year.

	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Budgeted unit sales	17,900	16,900	15,900	16,900

The selling price of the companys product is $31.00 per unit. Management expects to collect 85% of sales in the quarter in which the sales are made and 10% in the following quarter, and 5% 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 $85,000.

The company expects to start the first quarter with 5,100 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarters budgeted sales. The desired ending finished goods inventory for the fourth quarter is 5,300 units.

Required: 1-a. Compute the companys total sales.

1-b. Complete the schedule of expected cash collections.

2. Prepare the companys production budget for the upcoming fiscal year.