Sherwood, Inc makes pet crates. In the first four months of the coming year, Sherwood expects the following unit sales:
Sherwood's policy is to have 15 percent of next month's sales in ending inventory. On January 1, it is expected that there will be 4,200 crates on hand. Prepare a production budget for the first quarter of the year. Show the number of crates that should be produced each month as well as for the quarter in total.