Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2008 sales budget is as follows. Quarter HD-240 1 5,500 2 7,100 3 8,200 4 10,270 The January 1, 2020, inventory of HD-240 is 2,200 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 4 Year Expected unit salesDesired end. finished goods unitsBeg. finished goods units Add: Desired end. finished goods unitsExpected unit salesBeg. finished goods units Total required units Less: Beg. finished goods unitsExpected unit salesDesired end. finished goods units Required production units