You learn that equipment costs and building occupancy are fixed and are based on a normal production of 620,000 units per year. other overhead costs are variable. plant capacity is sufficient to produce 790,000 units per year. labor costs per hour are not expected to change during the year. however, the cotton supplier has informed ecosacks that it will impose a 20 percent price increase at the start of the coming budget period. no other costs are expected to change. during the coming budget period, ecosacks expects to sell 560,000 bags. finished goods inventory is targeted to increase from the current balance of 140,000 units to 230,000 units to prepare for an expected sales increase the year after next as a result of legislation in several states regarding plastic bags. production will occur evenly throughout the year. inventory levels for cotton and canvas are expected to remain unchanged throughout the year. there is no work-in-process inventory. required: a. prepare a production budget for the coming year.