Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows.

Quarter

HD-240

15,00027,00038,000410,000

The January 1, 2020, inventory of HD-240 is2,000units. 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

choose the accounting period

For the Year Ending December 31, 2020

For the Month Ended December 31, 2020

For the Quarter Ended December 31, 2020

Product HD-240

Quarter1

2

3

4

Year

select an opening production budget item

Beginning Finished Goods Unit

Beginning Direct Materials

Desired Ending Direct Materials

Desired Ending Finished Goods Unit

Direct Materials Per Unit

Direct Materials Purchases

Expected Unit Sales

Required Production Units

Total Materials Required

Total Required Units

select between addition and deduction

Add

Less

:

select a production budget item

Beginning Finished Goods Unit

Beginning Direct Materials

Desired Ending Direct Materials

Desired Ending Finished Goods Unit

Direct Materials Per Unit

Direct Materials Purchases

Expected Unit Sales

Required Production Units

Total Materials Required

Total Required Units

select a summarizing line for the first part

Beginning Finished Goods Unit

Beginning Direct Materials

Desired Ending Direct Materials

Desired Ending Finished Goods Unit

Direct Materials Per Unit

Direct Materials Purchases

Expected Unit Sales

Required Production Units

Total Materials Required

Total Required Units

enter a total number of units for the first part

select between addition and deduction

Add

Less

:

select a production budget item

Beginning Finished Goods Unit

Beginning Direct Materials

Desired Ending Direct Materials

Desired Ending Finished Goods Unit

Direct Materials Per Unit

Direct Materials Purchases

Expected Unit Sales

Required Production Units

Total Materials Required

Total Required Units

enter a number of units

select a closing production budget item

Beginning Finished Goods Unit

Beginning Direct Materials

Desired Ending Direct Materials

Desired Ending Finished Goods Unit

Direct Materials Per Unit

Direct Materials Purchases

Expected Unit Sales

Required Production Units

Total Materials Required

Total Required Units

enter a total number of units