System Announcements CALCULATOR PRINTER VERSION BACK NEXT RCES Exercise 5-11 Joshua Hill, Coronado & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April May June 5,000 9.750 3.750 7.250 23,000 20,000 Company policy requires an ending finished goods inventory each month that will meet 5% of the following month's sales volume. Joshua plans to have 1,400 finished bricks at a cost of $12,250 in inventory at the beginning of the year. Prepare Coronado & Hill's production budget for the first quarter. (Round answers to decimal places, e.g. 5,275.) January February March Quarter Budgeted unit sales 5.000 9.750 Study Budgeted ending inventory Total units required Beginning inventory Budgeted production Click if you would like to Show Work for this question: Qen Show Wo LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you can points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 3 used