Basim Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows:

July--------------32,000

August --------40,000

September---33,000

October--------36,000

Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales. The inventory at the end of june was 3,200 units.

Required:

Prepare the company's production budget for the third quarter of this year (the months of July, August and September). Include a column for each month and a total column for the entire quarter.

please solve it with the steps