The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year Budgeted sales (units) 1st Quarter 2nd Quarter3rd Quarter4th Quarter 9,100 11,100 13,100 12,180 The selling price of the company's product is $31 per unit. Management expects to collect 60% of sales in the quarter in whic sales are made and 35% in the following quarter, 5% of sales are expected to be uncollectible. The beginning balance of ac receivable, all of which are expected to be collected in the first quarter, is $91,500. The company expects to start the first quarter with 2,550 units in finished goods inventory Management desires an ending fit goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods invente the fourth quarter is 2,800 units. Remuired 2. Prepare the company's production budget for the upcoming fiscal year. Answer is not complete. JESS! CORPORATION Production Budget 2nd 1st Quarter 3rd Quarter Quarter 9,100 11,100 13,100 Year 4th Quarter 12,100 35,400 Budgeted sales (units) Add: Desired ending inventory Total units needed Deduct Beginning inventory Required production