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

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Atlantic Surf manufactures surfboards. The company's 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 month's unit sales. As of June 30, the company has 1,640 finished surfboards in inventory, which complies with the policy. July August September Sales (in units) 4,100 7,300 4,100 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 Units to be produced Atlantic Surf manufactures surfboards. The company's 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 month's unit sales. As of June 30, the company has 1,640 finished surfboards in inventory, which complies with the policy. July August September Sales (in units) 4,100 7,300 4,100 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 S-LI..... 0 0 Add: Budgeted sales Less: Budgeted sales July August September 4,100 7,300 4,100 Sales (in units) 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 Add: Actual or budgeted beginning inventories Less: Actual or budgeted beginning inventories

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