Exercise 10.19 Wayans Company produces and sells automobile batteries, including the heavy-duty HD-240. The 2020 sales budget is as follows: Quarter Units of HD-240 5,600 6,500 9,900 10,300 Nm The January 1, 2020, 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 2021 to be 20% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter for 2020. Prepare quarterly production budgets for each quarter for 2020. WAYANS COMPANY Production Budget-Product HD-240 For the Year Ending December 31, 2020 Quarter Year Total Beginning Inventory Unit Sales Cost of Sales Ending Inventory Total Required Prepare quarterly production budgets for each quarter for 2020. WAYANS COMPANY Production Budget-Product HD-240 For the Year Ending December 31, 2020 Quarter Year Total