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Brinso Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows: June 38,000 July 32,000 August

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

June 38,000
July 32,000
August 40,000
September 33,000
October 36,000
November 37,000
December 39,000

Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales.

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.

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