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Please finish. Oriole Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 5,400 7,130 8,110 10,350
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Oriole Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 5,400 7,130 8,110 10,350 The January 1, 2020, inventory of HD-240 is 2,160 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter and in total for 2020. ORIOLE COMPANY Production Budget For the Year Ending December 31, 2020 - Product HD-240 Quarter 1 3 Year Expected Unit Sales T 5400 7130 8110 T 10350 x Add 4 3244 4140 2852 2852 8252 10374 12250 T Less 2160 2852 3244 4140 6092 7522 9006Step by Step Solution
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