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. TURNEY COMPANY Production Budget For the Year Ending December 31, 2020 Product HD-240 Quarter 1 2 3 Expected Unit Sales Add : Desired Ending Finished Goods Unit Total Required Units Less : Beginning Direct Materials Required Production Units TURNEY COMPANY Production Budget For the Year Ending December 31, 2020 Product HD-240 Quarter 2 3 4 Year