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Turncy Company produces and sells automobile batteries, the heavy-duty HD-240. The 2017 sales forecast is as follows. Quarter 2 3 HD-240 5,000 7,000 8,000 10,000 The January 1, 2017, inventory of HD-240 is 2,000 units. Management desires an ending inventory cach quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2018 are expected to be 25% higher than sales in the same quarter in 2017 Instructions a.) Prepare quarterly production budgets for each quarter and in total for 2017 TURNEY COMPANY Production Budget For the Year Ending December 31, 2017 Product HD-240 Quarter 2 3 4 Year Expected unit sales Add: Desired ending finished goods units Total required units Less: Beginning finished goods units Required production units b.) Assume that sales for quarter 2, 3, and 4 changed to 7,500, 9,000 and 12,000 units. In addition, the desired ending inventory cach quarter changed to 45% of the next quarter sales. Revise the quarterly production budgets for each quarter and in total for 2017 TURNEY COMPANY Production Budget For the Year Ending December 31, 2017 Dende As Durosuruumista Te Perdon