4/7

Oriole Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows: The January 1,2022, inventory of HD2,40 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 2023 are expected to be 25% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter and in total for 2022 . ORIOLE COMPANY Production Budget Product HD-240 Quarter 1 2 3 eTextbook and Media