Question: Pat's Pacifiers makes pacifiers and sells them for $1.25 each. The Marketing Manager prepared the following sales forecast for the first quarter of 2022:

Pat's Pacifiers makes pacifiers and sells them for $1.25 each. The Marketing

Pat's Pacifiers makes pacifiers and sells them for $1.25 each. The Marketing Manager prepared the following sales forecast for the first quarter of 2022: 150,000 units January February 125,000 units March 160,000 units Total for the Quarter 435,000 units The policy of the company is to maintain 10% of the next month's forecasted sales in ending inventory. January's beginning inventory was 14,000 units. April sales are expected to be 145,000 units Required: Prepare a sales budget and a production budget for each month of the quarter and for the quarter. Use the following tables: Projected Sales Price per Unit Total Projected Sales Pat's Pacifiers Sales Budget For the First Quarter of 2022 February January March Quarterly Totals

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