Chapter 23 Lab Assignment 2 Saved Help Save & Exit Submit Check my work Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: Sales in units July 30,000 August 45,000 September 60,000 October 50,000 eBook Print References The company is now in the process of preparing a production budget for the third quarter. Past experience has show that end-of-month inventories of finished goods must equal 10% of the next month's sales. The inventory at the end of June was 3,000 units. Required: Prepare a production budget for the third quarter showing the number of units to be produced each month and for the quarter in total. Budgeted sales in units Add: Desired ending inventory Total needs Less: Beginning inventory Required production July August September Quarter