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 30,000 108,000 89,000 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 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 April May June Quarter Budgeted units Total needs Required production in units