value: 14.00 points The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 12,500 13,500 15,500 14,500 The selling price of the company's product is $24 per unit. Management expects to collect 75% of sales in the quarter in which the sales are made, 20% in the following quarter, and 5% of 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 $73,200 The company expects to start the first quarter with 2,500 units in finished goods inventory. Managemert desires an ending finished goods inventory in each quarter equal to 20% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,700 units. Required: 1-a. Compute the company's total sales. Jessi Corporation Sales Budget 2nd Quarter 1st Quarter 3rd Quarter 4th QuarterYear Budgeted units sales Selling price per unit Total sales