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White Corporation's budget calls for the following sales for next year: Quarter 1 80,000units Quarter 3 Quarter 2 70,000units Quarter 4 60,000units 90,000units The

White Corporation's budget calls for the following sales for next year: Quarter 1 80,000units Quarter 3 Quarter 2 70,000units Quarter 4 60,000units 90,000units The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements. Required: (approximate time needed for the question 8 minutes) 1. Determine the production budget for the third quarter ONLY. (5 marks)

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