*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 HD-240 5,200 7,220 8,280 10,180 m 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 1 2 3 4 Year 56200 7220 2280 0180 2888 312 70721 7600 808810532 412352412780 Total Required Units Tessl. Beginning Finished Goods Unit 2080 2888 4072 Togel Poal 75040 767081 314000 Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $13 and $25, respectively. Because of the intense competition Edington faces, management budgets sales semiannually. Its projections for the first 2 quarters of 2020 are as follows. Product XQ-103 XQ-104 Unit Sales Quarter 1 Quarter 2 22,820 27,250 14,490 16,490 No changes in selling prices are anticipated. Prepare a sales budget for the 2 quarters ending June 30, 2020. List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total. EDINGTON ELECTRONICS INC. Sales Budget Quarter 1 Selling Price Quarter 2 Selling Price Six Months Selling Price Product Units Total Sales Units - Total Sales Units Total Sales XQ-103 22,820 27.250 29532 14,490 I 16,490 J 30980 XQ-104 25 Totals 289,640 383,916 362,250 774,500 Click if you would like to show Work for this question: Open Show Work