eBook Calculator Production Budget Assume that Stilwater Designs produces two automotive subwofers: S1217 and $12L5. The S12L7 sells for $475, and the S1215 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: First quarter, 20x1 Second quarter, 20x1 Third quarter, 20X1 Fourth quarter, 20x1 First quarter, 20x2 S12L7 1,200 3,300 8,400 6,900 1,350 S12L5 1,950 2,100 7,950 5,850 1,800 The vice president of sales believes that the projected sales are realistic and can be achieved by the company Stilwater Designs needs a production budget for each product (representing the amount that must be outsourced to manufacturers located in K Asia). Beginning inventory of S12L7 for the first quarter of 20X1 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of S12L, in ending inventory. Beginning inventory of S12LS was 170 boxes. The company's policy is to have 30% of the next quarters sales or si2LS in ending inventory. Required: Prepare a production budget for each quarter for 20x1 and for the year in total, Stillwater Designs Production Budget for $1217 For the Year Ended Decembe 1, 20X1 Check My Work Previous Next Save and Exit Submit Assignment for Grading