Ch. 8 HW Help Save & Exit Subm Check my work Exercise 8-2 Production Budget (LO8-3] Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: points April June July 50,000 75,000 90.000 80,000 0 Hint 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 References Down Under Products, Lid. Production Budget April Budgeted unit sales Total needs Required production in units