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

March	14,000
April	16,000
May	13,500
June	12,000

Wright maintains an ending inventory for each month in the amount of two times the expected sales in the following month. The ending inventory for February (Marchs beginning inventory) reflects this policy. Materials cost $6 per unit and are paid for in the month after production. Labor cost is $10 per unit and is paid for in the month incurred. Fixed overhead is $16,000 per month. Dividends of $20,800 are to be paid in May. The firm produced 13,000 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. (Negative amounts should be indicated by a minus sign.)

Wright Lighting Fixtures Production Schedule
	March	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
Payments:
Material cost		$	$	$
Labor cost
Fixed overhead
Dividends
Total cash payments		$	$	$
beginning inventory for March is not 0.