Preston 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 $185,000 150,000
2nd quarter $ 210,000 183,500
3rd quarter
$ 251,000 210,000
4th quarter $190,000 160,000

Preston anticipates selling 224,000 jars with total sales revenue of $266,000 in the first quarter of the
year following the year given in the preceding table. Preston has a policy that the ending inventory of
jars must be 20% 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