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Juda anticipates selling 224,000 jars with total sales revenue of $267.000 in the first quarter...

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Accounting

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Juda anticipates selling 224,000 jars with total sales revenue of $267.000 in the first quarter of the year following the year given in the preceding table Juda has a policy that the ending inventory of jars must be 30% of the following quarters sales Juda Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales Number of jars revenue sold 1st quarter ...5 180,000 153,500 2nd quarter .5 210,000 180,000 3rd quarter $ 251,000 213,500 4th quarter ... 193,000 165,000 Requirement Prepare a production budget for the year that shows the number of ars to be produced each quarter and for the year in total Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Juda Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sa Plus Desired ending inventory Total needed

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