5 Exercise 8-2 (Static) Production Budget (LO8-3] Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Unit Sales April 50,000 May 75,000 June 90,000 July 80,000 ok + 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 5,000 units. Required: Prepare a production budget by month and in total, for the second quarter mt Down Under Products, Ltd., Production Budget April nces May June Quarter Budgeted unit sales Total needs Required production in units