Please post the anwers ASAP

Please post the answer ASAP

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year: 1st Quarter 2nd Quarter3rd Quarter4th Quarter 8,600 10,600 12,600 11,600 Budgeted sales (units) The selling price of the company's product is $26 per unit. Management expects to collect 65% of sales in the quarter in which the sales are made and 30% in the following quarter, 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which are expected to be collected in the first quarter, is $86,500. The company expects to start the first quarter with 2,300 units in finished goods Inventory. Management desires an ending finished goods Inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods Inventory for the fourth quarter is 2,550 units. Required: 1. Prepare the company's sales budget. JESSI CORPORATION Sales Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total sales 2. Prepare the company's production budget for the upcoming fiscal year. JESSI CORPORATION Production Budget 1st Quarter Total units needed 2nd Quarter 3rd Quarter 4th Quarter Year