The Bobbie knight folding chair company makes high-quality folding chairs known for their accuracy when thrown. The company budget its production and sales on a quarterly basis. Below are the 2021 budget sales figure for July-October

Month sales in unit

July 44000

August 34000

September 35000

October 40000

The companys targeted finished good inventory policy is to have 40% of next month sale on hand at the end of each month. Expected finished goods in July 1, 2021 is 12000 units.

The companys budgeted production for the third quarter of 2021 is ( the third quarter is month pf July, August , and September)