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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:
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 50,000 75,000 90,000 80,000 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 5,000 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 sales Total needs 0 0 0 0 Required production in units 000
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