uestion 7 of 18 - /5 = Cheyenne Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 110,000 1 95,000 2 57.000 3 80,000 4 117,000 The finished goods inventory on hand on December 31, 2021 was 33,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 30% of the next quarter's anticipated sales. Prepare a production budget for 2022. CHEYENNECOMPANY Production Budget V Quarter 1 2 v : Question 7 of 18 -75 III Quarter Units Quarter Units 1 110,000 1 95,000 2 57,000 3 80,000 4 117,000 The finished goods inventory on hand on December 31, 2021 was 33,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 30% of the next quarter's anticipated sales. Prepare a production budget for 2022. CHEYENNECOMPANY Production Budget Quarter 1 2 3 4