Wright Lighting Fixtures forecasts its sales in units for the next four months as folows: March April May June 4.000 10,000 8,000 6,000 Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $7 per unit and are paid for in the month aher production. Labor cost is $3 per unit and is paid for in the month incurmred. Fixed overhead is $10,000 per month. Dividends of $14,000 are to be paid in May. The firm produced 8,000 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 Desired ending inventory Total units required 10,000 12,000 4,000 15,000 8,000 6,000 9.000 19,000 22.000 17,000 Beginning inventory 00 17,000 19.000 Units to be produced Cash Payments. March April May February 8.000 Units produced Malerial cost Labor cost Fixed overhead Dividends Total cash payments 0