Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,200 units; October, 4,200 units; November, 6,500 units; and December, 7,800 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 1,920 finished units in inventory. Prepare a production budget for each of the months of September, October, and November. BLUE WAVE COMPANY Production Budget September October November Budgeted sales units Next period budgeted sales units Desired ending inventory units Total required units Units to produce % %