Exercise 20-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,200 units; May, 4,900 units; June, 6,200 units; and July, 2,200 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's unit sales. At the end of March, the company had 960 finished units in inventory Prepare a production budget for each of the months of April, May, and June. TYLER COMPANY Production Budget Next period budgeted sales units Desired ending inventory units Total required units Units to produce April May June % %