Tyler Co. predicts the following unit sales for the next four months: April, 3,700 units; May, 4,700 units; June, 6,800 units; and July, 2,200 units. The companys policy is to maintain finished goods inventory equal to 30% of the next months sales. At the end of March, the company had 400 finished units on hand. Prepare a production budget for each of the months of April, May, and June.

Answer is not complete. Tyler Co. Production Budget April, May and June April 3,700 X 30 % May 4,700 30 June 6,800 $ 30 % % Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending inventory (units) Add: Budgeted sales (units) Required units of available production Less: Beginning inventory (units) Units to be produced