Check my work Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 107,700 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 359,000 units; third quarter, 255,000 units; and fourth quarter, 207,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30 % of the next quarter's budgeted sales. Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture. ELECTRO COMPANY Production Budget Second and Third Quarters Third Quarter Second Quarter Budgeted ending inventory (units) Budgeted unit sales for quarter Required units of available production 107,700 107,700 215,400 76,500 107.700 Budgeted beginning inventory (units) Units to be produced Next> 4 of 16 Prev 1037 AM RER% U0A0010