14 Dec Tulum Inc. makes a Mexican chocolate mix. In the f
Tulum Inc. makes a Mexican chocolate mix. In the first 4 months of the coming year, Tulum expects the following unit sales: January.22,000 February20,000 March30,000 April.31,000 Tulum s policy is to have 20% of next month s sales in ending inventory. On January 1, it is expected that there will be 1,300 boxes of the chocolate mixture on hand. Required: Prepare a production budget for the first quarter of the year. Show the boxes that should be produced each month as well as for the quarter in total.