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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,84,000],[May,90,000],[June,124,000],[July,97,000]]
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 16,800 units.
Required:
Prepare a production budget by month and in total, for the second quarter:
\table[[Down Under Products, Limited,,,],[Budgeted unit sales,Production Budget,,],[,Total needs,April,],[Required production in units,,,]]
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