TURNEY COMPANY

Production Budget

For the Year Ending December $31,2020$

Product HD$-240$

Quarter

:

$$ MPANY

Budget

mber $31,2020$

$D-240$

Quarter

Year

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

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 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 $2020.$