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1. Preparing a production budget Fry Em Up, Inc., makes and sells frying pans. Lisa Lee, controller, is responsible for preparing the master budget. The sales manager has given Lisa the following sales forecast for the coming months. April Forecasted unit sales 24,000 May June July 30,000 20,000 22,000 Fry Em Up expects to have 12,000 frying pansin ending inventory on March 31. The company's policy is to carry 20% of the following month's projected sales in ending inventory. Prepare Fry Em Up's production budget for the second quarter