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Ivanhoe Company produces and sells automobile batteries, including the heavy - duty HD - 2 4 0 . The 2 0 2 2 sales budget

Ivanhoe Company produces and sells automobile batteries, including the heavy-duty HD-240. The 2022 sales budget is as follows: quater 1-6600 quater 2-6800 quater 3-8400 quater 4-9500 The january 1,2022 inventory of HD -240 is 1,500 units management wants an ending inventory each quater that is equal to 30% of the next quaters sales. It expects sales in the first quater of 2023 to be 20% higher than sales in the same quater in 2022 prepare quaterly budget for each quater for 2022
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