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Exercise 23-4 Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2017 sales forecast is as follows. Quarter HD-240 5,400 7,130 8,110 10,350

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Exercise 23-4 Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2017 sales forecast is as follows. Quarter HD-240 5,400 7,130 8,110 10,350 nventory each quarter equal to 40% of the next quarter's sales sa es n the frst quarter of 2018 are expected to be 25% h The anuary 1 2017 inventory of HD-240 s 2 1 60 units. Management desires an ending same quarter in 2017 er than sa es n the Prepare quarterly production budgets for each quarter and in total for 2017 TURNEY COMPANY Product lon Budget Product HD-240 Quarter Year

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