heducation.com Saved Help Wright Lighting Fixtures forecasts its sales in units for the next four months as follows: March April May June 18,000 20,000 17,500 16,000 Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $5 per unit and are paid for in the month after production. Labor cost is $9 per unit and is paid for in the month incurred. Fixed overhead is $18,000 per month. Dividends of $21,200 are to be paid in May. The firm produced 17,000 units in February Complete a production schedule and a summary of cash payments for March April, and May. Remember that production in any one month is equal to sales plus desired ending inventory minus beginning inventory. Wright Lighting Fixtures Production Schedule March April May June Projected unit sales Desired ending inventory Total units required Beginning inventory Units to be produced