Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 70,000 85,000 110,000 90,000 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 10,500 units. Required: Prepare a production budget by month and in total, for the second quarter. June Quarter Down Under Products, Ltd., Production Budget April Budgeted unit sales 70,000 Add: Desired units of ending finished goods inventory Total needs 70,000 May 85,000 110,000 265,000 85,000 110,000 265,000 Required production in units 70,000 85,000 110,000 265,000