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Wright Company produces and sells bicycles. The 2 0 2 4 sales forecast is as follows: table [ [ Quarter 1 , 8 ,

Wright Company produces and sells bicycles. The 2024 sales forecast is as follows:
\table[[Quarter 1,8,000],[Quarter 2,9,000],[Quarter 3,10,000],[Quarter 4,12,000]]
The January 1,2024, inventory of bicycles is 4,200 units. Management desires an ending inventory each quarter equal to 40% of next quarter's sales. Sales in the first quarter of 2025 are expected to be 25% higher than sales in the same quarter in 2024.
Required: Prepare quarterly production budgets for each quarter in 2024.
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