Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 88, eee 90, eee 128,eee 99,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month Inventory levels must equal 15% of the following month's unit sales. The Inventory at the end of March was 13,200 units. Required: Prepare a production budget by month and in total, for the second quarter. Down Under Products, Limited Production Budget April May June Quarter Budgeted unit sales Total needs 0 0 0 0 Required production in units 0 0 0 0