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Question 1: A company used following information to estimate the number of units that will...

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Question 1: A company used following information to estimate the number of units that will be produced each quarter. (a) Determine sales revenue and total expected sales units in Q1 till Q4 by preparing sales budget for a year ended December 31st, 2019. beginning innentory co. Quarterly projected sales units are selling price per unit are 1,000,1,000,1,500 and 2,500 - $70 in Q1 and Q2, $75 in Q3 & Q4 respectively. (b) Prepare production budget, company is targeting ending inventory of 30% of next quarter's sales. Estimated sales are 3,500 units (Q1) and 4.500 units (Q2) of next year

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