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Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australia has budgeted sales...

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Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows Unit Sales April 80,000 May 90,000 June 120,000 July 95.000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of month Inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March was 8,000 units. Required: Prepare a production budget by month and in total, for the second quarter. Down Under Products, Limited Production Budget April Quarter June May Budgeted unt sales Total needs Required production in units

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