The Svelte Jeans Company produces two different types of jeans. One is called the "Simple Life and the other is called the "Fancy Life." The company sales budget estimates that 400,000 of the Simple Life Jeans and 250,000 of the Fancy Life will be sold during 2012. The company begins with 3,000 Simple Life Jeans and 12,000 Fancy Life Jeans. The company desires ending inventory of 7,500 of Simple Life Jeans and 10,000 Fancy Life Jeans. Prepare a production budget for 2012. ANS: Svelte Jeans Company Production Budget For the Year Ending December 31, 2012 Simple Fancy