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16.66 points Exercise 9-2 Production Budget (LO9-3] Down Under Products, Lid., of Australia has budgeted sales of its popular boomerang for the next four months

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16.66 points Exercise 9-2 Production Budget (LO9-3] Down Under Products, Lid., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May Sales in Units 72.000 85.000 112 000 91.000 July The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month's sales. The inventory at the end of March was 14.400 units Required: Prepare a production budget for the second quarter, in your budget show the number of units to be produced each month and for the quarter in total Down Under Products, Ltd., Production Budget April May June Quarter Budgeted unit sales Total needs rrrr Required production in units

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