S 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 1,700 finished surfboards in inventory. Budgeted sales units July 3,400 August September 6,500 4,000 Prepare the production budget for the months of July and August. Budgeted sales units ATLANTIC SURF Production Budget July August 3,400 6,500 Next period budgeted sales units Add: Desired ending inventory Add: Desired ending inventory Desired ending inventory units Total required units Less: Beginning inventory units Units to be produced 3,400 6,500 Check my