The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account) 1st Quarter 12,400 2nd Quarter 13,400 3rd Quarter 15,400 4th Qu Budgeted unit sales 14,400 The selling price of the company's product is S23 per unit Management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% o 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 $73,000. The company expects to start he rst quarter with 2 480 units in finished goods inventory. Manager ent de es an ending nished goods in e to y ne a requal to 20%, o he n qua budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,680 units. Required 1-a. Compute the company's total sales. Jessi Corporation Sales Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Budgeted units sales Selling price per unit Total sales