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Wise Company estimates the following unit sales. 1st quarter 20,000 units 2nd quarter 26,000 units 3rd quarter 30,000 units 4th quarter 33,000 units Management desires

Wise Company estimates the following unit sales. 1st quarter 20,000 units 2nd quarter 26,000 units 3rd quarter 30,000 units 4th quarter 33,000 units Management desires to have an ending Finished Goods Inventory equal to 20% of the next quarter's expected sales. What is the budgeted production in units for the 1st quarter? 16,000 units 20,000 units 21, 200 units 25, 200 units

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