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	17,800	16,800	15,800	16,800

The selling price of the companys product is $32.00 per unit. Management expects to collect 80% of sales in the quarter in which the sales are made and 15% 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 $84,000.

The company expects to start the first quarter with 5,000 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 5,200 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.