GUT Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,300 units, October 4,100 units November 6,400 units and December 8,500 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 2,600 finished units in Inventory Prepare a production budget for each of the months of September October, and November October 4,100 November 6.400 BLUE WAVE COMPANY Production Budget September Budgeted sales units 3,300 'Add: Beginning inventory units Next period budgeted sales units Ratio of inventory to future sales 60% 1.980 50 60 Add: Beginning inventory units Units to produce