Required: Prepare a production budget for the second quarter; in your budget, show the number of units to be produced each month and for the quarter in total.

9.09 points Exercise 7-2 Production Budget LO7-3] Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Sales in Units April 86,000 May 90,000 June 126,000 98,000 July The company is now in the process of preparing 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 sales. The inventory at the end of March was 8,600 units. Required: Prepare a production budget for the second quarter, in your budget, show the number of units to be produced each month and for the quarter in total. Down Under Products, Ltd., Production Budget April May June Budgeted units sales Total needs Required production in units Quarter