Question

Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 1 5,500 2 7,140 3 8,200 4 10,270 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 choose the accounting period Product HD-240 Quarter 1 2 3 4 Year select an opening production budget item enter a number of units enter a number o f units enter a number of units enter a number of units select between addition and deduction: select a production budget item enter a number of units enter a number of units enter a number of units enter a number of units select a summarizing line for the first part enter a total number of units for the first part enter a total number of units for the first part enter a total number of units for the first part enter a total number of units for the first part select between addition and deduction: select a production budget item enter a number of units enter a number of units enter a number of units enter a number of units select a closing production budget item enter a total number of units enter a total number of units enter a total number of units enter a total number of units enter a total number of units eTextbook and Media

Answer 1