Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 82,000 90,000 122,000 96,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 12,300 units. Required: Prepare a production budget by month and in total, for the second quarter. Down Under Products, Limited Production Budget April 82,000 June Quarter May 90,000 13,500 Budgeted unit sales Add: Units of beginning finished goods inventory Total needs Less: Units of beginning finished goods inventory Required production in units 18,300 108,300 122,000 44,100 166,100 294,000 75,900 369,900 95,500 95,500 108,300 166,100 369,900