Question 5 View Policies Current Attempt in Progress On January 1, 2017 the Blue Company budget committee has reached agreement on the following data for the months encing June 30, 2017. Sales units: First quarter 3,700, second quarter 0,200, third quarter 2,200 Ending raw materials inventory: 40% of the next quarter's production requirements Endine finished goods Inventory 25% of the next quarter's expected sales units Third-uarter production: 7.670 units. The envirran materials and finished goods inventories at December 31, 2016, follow the same percentage relationships to production and sales that occur in 2017.4 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost 54 per pound. Prepare a production budget by quarters for the o-month periud erced June 30, 2017. BLUE COMPANY Production Budget eTextbook and Media Attempts:0 of 3 used Save for Later Subrrit