Exercise 8-2 Production Budget (LO8-3) Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Unit Sales April 68,000 May 80,000 June 108,000 July 89,000 The company is now in the process of preparinh 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, Lid. Production Budget April May June Budgeted unit sales Add: Desired units of ending finished goods inventory Total needs LORS: Units of beginning finished goods inventory Required production in units Quarter 0 0 0 0 0 0 0