Question 11 of 18 -/3 E Wildhorse Company produces and sells automobile batteries, the heavy duty HD 240. The 2020 sales forecast is as follows. Quarter 1 AN HD-240 5,100 7.500 8,400 10.240 The January 1, 2020, inventory of HD-240 is 2.040 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. WILDHORSE COMPANY Production Budget Product HD-240 Quarter Question 11 of 18 -73 WILDHORSE COMPANY Production Budget Product HD-240 Quarter 1 2 e Textbook and Media Question 11 of 18 -73 III WILDHORSE COMPANY Production Budget Product HD-240 2 3 4 Year e Textbook and Media Question 16 of 18 -/3 In May 2020, the budget committee of Carla Vista Stores assembles the following data in preparation of budgeted merchandise purchases for the month of June. 1. 2. Expected sales: June $508,000, July $602,000. Cost of goods sold is expected to be 75% of sales. Desired ending merchandise inventory is 30% of the following (next) month's cost of goods sold. The beginning inventory at June 1 will be the desired amount. 3. 4. Compute the budgeted merchandise purchases for June CARLA VISTA STORES Merchandise Purchases Budget Question 16 of 18