urrent Attempt in Progress

Sheridan Company estimates that unit sales will be $9,500$ in quarter $1$;$12,600$ in quarter $2$;$14,400$ in quarter $3$ ; and $17,300$ in quarter

Management wants to have an ending finished goods inventory equal to $22\%$ of the next quarter's expected unit sales. Prepare a

production budget by quarters for the first six months of $2022.$

SHERIDAN COMPANY

Production Budget

For the Six Months Ending June $30,2022$

Quarter

$\frac{\text{Q}\text{u}\text{a}\text{r}\text{t}\text{e}\text{r}}{2}$