Sheridan Company produces and sells automobile batteries, the heavy$-$duty HD$-240.$ The $2020$ sales forecast is as follows.

$\backslash$table$[[$Quarter$,$HD$-240],[1,5,200],[2,7,150],[3,8,320],[4,10,190]]$

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 $2020.$

SHERIDAN COMPANY Production Budget

Product HD$-240$

Quarter

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 $2020.$

SHERIDAN COMPANY

Production Budget

For the Quarter Ended December $31,2020$

For the Month Ended December $31,2020$

For the Year Ending December $31,2020$

Quarter

$1$

$2$

$3$

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 $2020.$

SHERIDAN COMPANY

Production Budget

Product HD$-240$

Quarter

Direct Materials Per Unit

Expected Unit Sales

Required Production Units

Direct Materials Purchases

Beginning Direct Materials

Total Required Units

Desired Ending Direct Materials

Total Materials Required

Beginning Finished Goods Unit

Desired Ending Finished Goods UnitS