Electro Company manufactures transmissions for electric cars. Management reports ending finished goods inventory for the first quarter at $90,000$ units. The following unit sales are budgeted during the rest of the year: second quarter, $450,000$ units; third quarter, $525,000$ units; and fourth quarter, $475,000$ units. Company policy calls for the ending finished goods inventory of a quarter to equal $20\%$ of the next quarter's budgeted unit sales.

Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture.

$\backslash$table$[[$ELECTRO COMPANY,$],[$Production Budget,$],[$Budgeted sales units,Second Quarter,Third Quarter$],[$Add: Desired ending inventory,,$],[$Next period budgeted sales units,,$],[$Ratio of inventory to future sales,,$],[$Desired ending inventory units,,$],[$Total required units,,$],[$Less: Beginning inventory units,,$],[$Units to produce,,$]]$