ABC Company manufactures a single product. The management predicts that the first quarters ending inventory will consist of 40,000 units. The following unit sales of the product are expected (budgeted) during the rest of the year:

Second quarter......... 70,000 Third quarter............ 100,000 Fourth quarter......... 150,000

Managements policy calls for a quarters ending inventory to equal 60% of the next quarters budgeted sales.

Required: Prepare a Production Budget showing the units of product that should be manufactured during the years second and third quarters