16 Exercise 22-12 Manufacturing: Preparing production budgets (for two periods) LO P1 5.88 points Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 52,800 units. The following unit sales of the transmissions are expected during the rest of the year second quarter, 264,000 units, third quarter, 385,000 units and fourth quarter. 208,500 units. Company policy calls for the ending finished goods inventory of a quarter to equal 20% of the next quarter's budgeted sales Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture eBook Hint Print References ELECTRO COMPANY Production Budget Second and Third Quarters Second Quarter Third Quarter Budgeted unit sales for quarter Budgeted ending inventory (units) Required units of available production Fridt hanining inventar inte 16 quarter's budgeted sales Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture 5.88 points eBook Hint Third Quarter ELECTRO COMPANY Production Budget Second and Third Quarters Second Quarter Budgeted unit sales for quarter Budgeted ending inventory (units) Required units of available production Budgeted beginning inventory (units) Units to be produced Print References