Crest Products expects the following sales of its single product September Units 20,400 October 16,700 November 17,100 December 23,200 January 19,400 Required: Crest has an ending finished goods inventory policy of 30% of the next month's sales needs. September 1 inventory is projected to be 7.400 units. Each finished unit requires 2 units of Component X and 3 units of Component Z. August 1 materials inventory includes 3,000 units of Component X and 173,000 units of Component Z. Crest desires to maintain a Component X inventory equal to 10% of next month's production needs and a Component Z inventory equal to 20% of next month's production needs. a. Prepare a production budget for Crest for the quarter ending December 31. Crest Products: Production Budget For the Quarter Ending December 31 November October December Total Budgeted unit sales Plus: Ending finished goods inventory Less: Beginning finished goods inventory