Complete a production budget from the given information: July August September Quarter Budgeted Sales in units 60,000 40,000 70,000 170,000 The company desires an ending inventory balance of 20% of the following month's budgeted sales. The beginning inventory balance at the start of July was 12,000 units. Budgeted sales for October is 50,000 units. July August September Quarter Budgeted Sales 60,000 40,000 70,000 170,000 +Desired ending inv. [ Select ] [ Select] [ Select ] [ Select ] = total needs [ Select ] [ Select] [ Select] V [ Select] -Beginning 12,000 V [ Select] [ Select] V [ Select ] inv. [ Select ] V = Total Production [ Select] ( [ Select V [ Select ]