Exercise 9-4 (Video) Your answer is partially correct. Try again. Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter 5,200 7,420 8,110 10,150 The January 1, 2020, inventory of HD-240 is 2,080 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 Year Expected Unit Sales 5,200 7,420 8,110 10,150 01-esred Ending Finished Goods unit T-2968) p-................ : -d Total Required Units 8168 10664 12170 16525 Less : Beginning Finished Goods uit 2080 6088 Required Production Units