E22.4 (LO 2), AP Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 s forecast is as follows. Prepare quarterly production budgets. 2. An image shows the icon of excel with a file at the back and XIS written on it. The January 1,2022 , inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to The January 1,2022, isventory of HD240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the fint quarter of 2023 are expected to be 25% higher than sales in the same quarter in 2022. Instructions Prepare quarterly production budgets for each quarter and in total for 2022