Wright Lighting Fixtures forecasts its sales in units for the next four months as follows:

March	27,000
April	29,000
May	26,500
June	25,000

Wright maintains an ending inventory for each month in the amount of one times the expected sales in the following month. The ending inventory for February (Marchs beginning inventory) reflects this policy. Materials cost $4 per unit and are paid for in the month after production. Labor cost is $8 per unit and is paid for in the month incurred. Fixed overhead is $22,500 per month. Dividends of $22,100 are to be paid in May. The firm produced 26,000 units in February.

Complete a production schedule and a summary of cash payments for March, April, and May. Remember that production in any one month is equal to sales plus desired ending inventory minus beginning inventory.

Wright Lighting Fixtures Production Schedule April May June Projected unit sales Desired ending inventory Total units required Beginning inventory Units to be produced Cash Payments February March April May Units produced Material cost Labor cost Fixed overhead Dividends Total cash payments