Exercise 07-10 Manufacturing: Production budget LO P1 Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,300 units; October, 4,300 units: November, 6,400 units; and December 7,900 units. The company's policy is to maintain finished goods inventory equal to 70% of the next month's sales. At the end of August, the company had 1,900 finished units on hand. Prepare a production budget for each of the months of September October, and November Blue Wave Co. Production Budget September, October and November September October Next month's budgeted sales (units) November % Units to be produced