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Kyler Foods produces specialty soup sold in jars. The projected sales in dollars and jars...

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Question

Accounting

Kyler Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows:
\table[[,\table[[Total sales],[revenue]],\table[[Number of jars],[sold]]],[1st quarter .... $,186,000,150,000],[2nd quarter ... $,219,000,180,500],[3rd quarter ... $,257,000,214,000],[4th quarter ... $,192,000,161,000]]
Kyler anticipates selling 221,000 jars with total sales revenue of $263,000 in the first quarter of the year following the year given in the preceding table. Kyler has a policy that the ending inventory of jars must be 30% of the following quarter's sales.
Requirement
Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total.
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