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Atlantic Surf manufactures surfboards. The companys sales budget for the next three months is shown below. In addition, company policy is to maintain finished goods

Atlantic Surf manufactures surfboards. The companys sales budget for the next three months is shown below. In addition, company policy is to maintain finished goods inventory equal (in units) to 40% of the next months unit sales. As of June 30, the company has 1,720 finished surfboards in inventory, which complies with the policy. July August September Sales (in units) 4,300 7,000 3,500 Prepare a production budget for the months of July and August. ATLANTIC SURF Production Budget July and August July August Budgeted ending inventories July August Required units of available production 0 0 Less: Actual or budgeted beginning inventories Units to be produced

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