QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales...

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QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 50% of the next month's unit sales. As of June 30, the company has 1,650 finished surfboards in inventory. Budgeted sales units July 3,300 August 7,200 September 4,400 Prepare the production budget for the months of July and August. ATLANTIC SURF Production Budget July August Desired ending inventory units Total required units Units to be produced QS 20-7 (Algo) Manufacturing: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 50% of the next month's unit sales. As of June 30, the company has 1,650 finished surfboards in inventory. Budgeted sales units July 3,300 August 7,200 September 4,400 Prepare the production budget for the months of July and August. ATLANTIC SURF Production Budget July August Desired ending inventory units Total required units Units to be produced