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Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for...

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Accounting

Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows:
\table[[,Unit Sales],[April,82,000],[May,90,000],[June,122,000],[July,96,000]]
The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-ofmonth inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 12,300 units.
Required:
Prepare a production budget by month and in total, for the second quarter.
\table[[Down Under Products, Limited],[Production Budget],[,April,May,June,Quarter],[Budgeted unit sales],[,,,,],[Total needs],[+2],[Required production in units,,,,]]
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