res Question One (56 Points) XYZ Company manufactures audio speakers for desktop computer. The controller is currently preparing a budget for the second quarter of the year. The sales forecast is as follows: April May June 50,000 units 42,000 26,000 32,000 50,000 July August The selling price per unit is $16 The management of the company wants ending inventory to be equal to 10% of the following month's sales. On March 31, 9,000 units were on hand. Required: 1. Prepare the sales budget for the second quarter ending June 30(monthly basis). (23 Points) 2. Prepare the Production budget for the second quarter ending June 30(monthly basis). (32 Points)