Exercise 8-2 Production Budget [L08-3] 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 90,000 95,000 130,000 100,000 50 points 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 20% of the following month's unit sales. The inventory at the end of March was 18,000 units. eBook Required: Prepare a production budget by month and in total, for the second quarter. Hint Down Under Products, Ltd., Print Production Budget April May June Quarter Budgeted units sales Total needs Required production in units