Current Attempt in Progress Bridgeport Company produces and sells automobile batteries, including the heavy-duty HD-240. The...
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Current Attempt in Progress Bridgeport Company produces and sells automobile batteries, including the heavy-duty HD-240. The 2022 sales budget is as follows: Quarter Units of HD-240 1 5,400 7,300 3 4 9,700 10,500 The January 1, 2022, inventory of HD-240 is 1.500 units. Management wants an ending inventory each quarter that is equal to 30% of the next quarter's sales. It expects sales in the first quarter of 2023 to be 20% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter for 2022. Current Attempt in Progress Bridgeport Company produces and sells automobile batteries, including the heavy-duty HD-240. The 2022 sales budget is as follows: Quarter Units of HD-240 1 5,400 7,300 3 4 9,700 10,500 The January 1, 2022, inventory of HD-240 is 1.500 units. Management wants an ending inventory each quarter that is equal to 30% of the next quarter's sales. It expects sales in the first quarter of 2023 to be 20% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter for 2022.
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