Exercise 07-10 Manufacturing: Production budget LO P1 Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,100 units: October 4,800 units; November, 7,000 units, and December, 8.400 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's sales. At the end of August, the company had 2,500 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