Exercise $8-2($Algo$)$ Production Budget $[$LO$8-3]$

Down Under Products, Limited, of Australia has budgeted sales of its popular boomerang for the next four months as follows:

$\backslash$table$[[,\backslash$table$[[$Unit$],[$Sales$]]],[$April$,80,000],[$May$,90,000],[$June$,120,000],[$July$,95,000]]$

The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end$-$ofmonth inventory levels must equal $10\%$ of the following month's unit sales. The inventory at the end of March was $8,000$ units.

Required:

Prepare a production budget by month and in total, for the second quarter.

$\backslash$table$[[$Down Under Products, Limited,$],[$Production Budget$],[,$April,May,June,Quarter$],[$Budgeted unit sales$],[,,,,],[$Total needs$],[,,,,],[$Required production in units,,,,$]]$