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Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products Ltd. of Australia has budgeted sales of its popular boomerang for the next four months as
Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products Ltd. of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 68.000 80,000 108,000 89, NO 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 10% of the following month's unit sales. The inventory at the end of March was 6,800 units. Required: Prepare a production budget by month and in total, for the second quarter Down Under Products Ltd, Production Budget May Quarter Budgeted unit Sales 0 0 Total needs Required production in units 0
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