Chapter 22 Fun-work Question 5 of 13 -/0.75 III View Policies Current Attempt in Progress Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 5,500 1 2 7,420 3 8,260 4 10,130 The January 1, 2020, inventory of HD-240 is 2.200 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020, Prepare quarterly production budgets for each quarter and in total for 2020. TURNEY COMPANY Production Budget Product HD-240 Quarter 1 2 3 tion 5 of 13 - /0.75 4 10,130 January 1, 2020, inventory of HD-240 is 2,200 units. Management desires an ending inventory each quarter equal to 40% of t quarter's sales, Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. pare quarterly production budgets for each quarter and in total for 2020. TURNEY COMPANY Production Budget Product HD-240 Quarter 1 2 Save for Later Attempts: 0 of 5 used Submit Answer estion 5 of 13 - /0.75 10,130 The January 1, 2020, inventory of HD-240 is 2,200 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter and in total for 2020. TURNEY COMPANY Production Budget Product HD-240 Quarter 2 3 3 4 Year I Save for Later Attempts: 0 of 5 used Submit