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Sheridan Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows Quarter HD-240 1 5,200 2 2. 7.150 3

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Sheridan Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows Quarter HD-240 1 5,200 2 2. 7.150 3 8,320 4 10,190 The January 1, 2020, inventory of HD-240 is 2,080 units Management desires an ending inventory cach 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. SHERIDAN COMPANY Production Budget Product HD-240 Quarter N 3 Prepare quarterly production budgets for each quarter and in total for 2020, SHERIDAN COMPANY Production Budget Product HD-240 Quarter 1 2 3 +

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