i'. Exercise ES-BA Preparing production budgets {for two periods} 1'. 0. P3 Nascar Company manufactures an innovative automobile transmission for electric cars- Managemel predicts that ending inventory for the rst quarter will be 332500 units. The following unit sales of th transmissions are expected during the rest of the year: second quarter, 2251 units; third quarte 252,530 units; and fourth quarter, 23?,EDCI units. Company policy calls for the ending inventory of quarter to equal ED'PE. of the nest quarter's budgeted sales. Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture. [Amount to be deducted should be indicated with a. minus sign.} MASCAR CDMPAHT Production Budget Second and neo Quarters Second Quareer Third Quarter Budgeted ending inventories Required units of avei lab Ie production Units to he produced