VIIIMINI uncollectable. The beginning accounts receivable balance (i.e. at January 1) is 27 $66,000 and the company expects to collect the entire amount in Q1. The company expects to start the first quarter with 3,200 units in finished goods inventory. Management also wants to maintain an ending finished goods inventory equal to 20% of the next quarter's sales. The desired ending finished goods inventory for the fourth quarter is 3,400 units. How many units will the Quinn Corporation have produced by year end? 112,700 60,200 59,100 87,300The marketing department of the Quinn Corporation has submitted the following sales forecast for the coming year. Q1 Q2 Q3 Q4 Budgeted sales (units) 16,000 15,000 14,000 15,000 The selling price of the company's product is $22 / unit. All sales are on credit and management believes they will collect 75% of the associated cash in the quarter of the sale, 20% in the quarter following the sale, and 5% of sales on credit will remain uncollectable. The beginning accounts receivablealance (i.e. at January 1) is $66,000 and the company expects to collect th ire amount in Q1. The company expects to start the first quarter with 3,200 units in finished goods inventory. Management also wants to maintain an ending finished goods inventory equal to 20% of the next quarter's sales. The desired ending finished goods inventory for the fourth quarter is 3,400 units. How many units will the Quinn Corporation have produced by year end? 112,700