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

Quarter		HD-240
1		5,400
2		7,330
3		8,180
4		10,300

The January 1, 2020, inventory of HD-240 is 2,160 units. Management desires an ending inventory each quarter equal to 40% of the next quarters 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 Month Ended December 31, 2020For the Quarter Ended December 31, 2020For the Year Ending December 31, 2020
Product HD-240
	Quarter
		1		2		3		4		Year
select an opening production budget item Beginning Direct MaterialsDesired Ending Finished Goods UnitDesired Ending Direct MaterialsTotal Materials RequiredExpected Unit SalesDirect Materials PurchasesDirect Materials Per UnitRequired Production UnitsBeginning Finished Goods UnitTotal Required Units		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select between addition and deduction AddLess: select a production budget item Direct Materials PurchasesExpected Unit SalesTotal Materials RequiredDesired Ending Direct MaterialsTotal Required UnitsDesired Ending Finished Goods UnitBeginning Direct MaterialsRequired Production UnitsDirect Materials Per UnitBeginning Finished Goods Unit		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select a summarizing line for the first part Direct Materials PurchasesDesired Ending Finished Goods UnitTotal Required UnitsTotal Materials RequiredBeginning Direct MaterialsRequired Production UnitsBeginning Finished Goods UnitDesired Ending Direct MaterialsDirect Materials Per UnitExpected Unit Sales		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part
select between addition and deduction AddLess: select a production budget item Beginning Direct MaterialsDirect Materials Per UnitDirect Materials PurchasesTotal Required UnitsRequired Production UnitsBeginning Finished Goods UnitExpected Unit SalesDesired Ending Direct MaterialsTotal Materials RequiredDesired Ending Finished Goods Unit		enter a number of units		enter a number of units		enter a number of units		enter a number of units
select a closing production budget item Total Materials RequiredBeginning Direct MaterialsDesired Ending Direct MaterialsDirect Materials Per UnitTotal Required UnitsDirect Materials PurchasesExpected Unit SalesRequired Production UnitsBeginning Finished Goods UnitDesired Ending Finished Goods Unit		enter a total number of units		enter a total number of units		enter a total number of units		enter a total number of units		enter a total number of units

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