Check my work 17 Exercise 8-2 (Algo) Production Budget (L08-3] 02 9 014618 Down Under Products, Limited of Australa has budgeted sales of its popular boomerang for the next four months as follows et Sales April 74.000 May 35.000 June 114.000 July 50.00 The company is now in the process of preparing a production budget for the second quartet. Past experience as shown that end-of-month inventory levels must equal 10% of the following monthly sales. The inventory at the end of March was 7400 units Required: Prepare a production budget by month and total for the second Quarter Down Under Products, inte Production Budget May June Quarter Budgeted as 0 0 0 Total needs 0 Recured production in