You have been provided with the following information for the Terrible Manufacturing Company for 2018.

• Budgeted 1^st Quarter Units Sold 20,000
• Budgeted 2^nd Quarter Units Sold 23,000
• Budgeted 3^rd Quarter Units Sold 24,000
• Budgeted 4^th Quarter Units Sold 25,000
• 1^st Quarter 2019 26,000
• The desired ending inventory per quarter is 3% of next quarter units sold
• The selling price is $15

Required

Prepare the 2018 budgets for sales and units of production by quarter and full year.