Please solve these questions asap in the same format of the question. Thank you!

Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending inventory of finished units should be 50% of the next month's sales. The April 30 finished goods inventory is 115 units. Prepare the production budget for May. The budgeted balance sheet shows budgeted amounts for assets, liabilities, and equity as of the end of the budget period. True or False oalance sheet at the end of August. Multiple Choice $400,000. $300,000. $315,000. $105,000. $100,000