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

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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,72,000],[May,85,000],[June,112,000],[July,91,000]]
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 20% of the following month's unit sales. The inventory at the end of March was 14,400 units.
Required:
Prepare a production budget by month and in total, for the second quarter.
\table[[Down Under Products, Limited,,,,,],[Production Budget,,,],[Budgeted unit sales,April,May,June,Quarter],[,,,,],[Total needs,,,,],[,,,,],[Required production in units,,,,]]
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