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2. Giovinazzo of Milan, Italy, manufactures and distributes perfume throughout Europe A sales budget for Conquer for the last six months of the year

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2. Giovinazzo of Milan, Italy, manufactures and distributes perfume throughout Europe A sales budget for Conquer for the last six months of the year follows. Budgeted Unit Sales July 14,000 August 15,600 September 22,000 October 18,000 November 16,200 December 14,800 Required: i. Prepare a production budget for the months July, August, September, and October. 3 ii. The finished goods inventory on hand at the end of each month must be equal to 25% of the next month's sales plus 2,000 units. The finished goods inventory on June 30 is budgeted to be 5,500 units. The company maintains no work in process inventories.

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