Electro Company manufactures transmissions for electric cars. Management reports ending finished goods inventory for the first quarter at 169,500 units. The following unit sales are budgeted during the rest of the year, second quarter, 339,000 units, third quarter, 367,000 units; and fourth quarter . 422,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50% 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. Third Quarter 367,000 > Answer is not complete. ELECTRO COMPANY Production Budget Second Quarter Budgeted sales units 339,000 Add: Desired ending Inventory Next period budgeted sales units 183,500 522,500% Total required units 522.500 861,500 Less: Beginning inventory units (169,500) Units to produce 353,000 ol 211,000 578,000% 578,000 945,000 (183,500) 394,500