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

March	7,000
April	9,000
May	6,500
June	5,000

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 $12,500 per month. Dividends of $20,100 are to be paid in May. The firm produced 6,000 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
	March	April	May	June
Projected unit sales	7,000	9,000	6,500	5,000
Desired ending inventory	9,000	6,500	5,000
Total units required	16,000	15,500	11,500
Beginning inventory
Units to be produced	16,000	15,500	11,500

Cash Payments
	February	March	April	May
Units produced
Material cost
Labor cost
Fixed overhead
Dividends
Total cash payments		$0	$0	$0