1 2 3 5,100 7,490 8.330 10.350 The January 1, 2020, Inventory of HD-240 is 2,040 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 Turney Company produces and sellis automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows, Quarter 1 2 3 4 HD-240 5,100 7,490 8,330 10.350 The January 1, 2020, Inventory of HD-240 ks 2,040 units Management desires an ending Inventory each quarter equal to 40% of the red 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 carterly production budgets for each quarter and in total for 2020 TURNEY COMPANY Production Budget Product HD-240 Quarter Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter 1 2 3 4 HD-240 5.100 7,490 8.330 10,350 The January 1, 2020, inventory of HD-240 is 2,040 units. Management desires an ending inventory each quarter equal to 40% of the next quarters 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