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Sheridan Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 4,400 2 6.160 3 7.040
Sheridan Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 4,400 2 6.160 3 7.040 4 4 8.800 The January 1, 2022, inventory of HD-240 is 1,760 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2023 are expected to be 25% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter and in total for 2022. SHERIDAN COMPANY Production Budget Product HD-240 Quarter 1 2 >
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