2 Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: 12.5 points Skipped eBook Hint Print Sales in Units April 78,000 May June July 85,000 118,000 94,000 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 15,600 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. References Budgeted unit sales Down Under Products, Ltd., Production Budget April May June Quarter Total needs 0 0 0 Required production in units 0 0 0 0