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Atlantic Surf manufactures surfboards. The company's sales budget for the next three months is shown...

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Atlantic Surf manufactures surfboards. The company's sales budget for the next three months is shown below. In addition, compa bolicy is to maintain finished goods inventory equal (in units) to 40% of the next month's unit sales. As of June 30, the company ha 1,280 finished surfboards in inventory, which complies with the policy. Sales (in units) July August September 3,200 6,000 3,700 Prepare a production budget for the months of July and August. ATLANTIC SURF Production Budget July and August July August Budgeted ending inventories July August 'Add: Budgeted sales Required units of available production Less: Actual or budgeted beginning inventories 1,280

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