Wayans Company produces and sells automobile batteries, including the heavy-duty HD-240. The 2020 sales budget is as follows:

Quarter		Units of HD-240
1		5,600
2		6,600
3		8,900
4		9,400

The January 1, 2020, inventory of HD-240 is 1,600 units. Management wants an ending inventory each quarter that is equal to 30% of the next quarters sales. It expects sales in the first quarter of 2021 to be 20% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter for 2020.

WAYANS COMPANY Production BudgetProduct HD-240 For the Year Ending December 31, 2020
	Quarter
	1		2		3		4		Year
Cost of SalesEnding InventoryBeginning InventoryUnit SalesTotal Required
AddLess: Beginning InventoryTotal RequiredUnit SalesEnding InventoryCost of Sales
Unit SalesEnding InventoryTotal RequiredCost of SalesBeginning Inventory
AddLess: Ending InventoryTotal RequiredBeginning InventoryCost of SalesUnit Sales
Total

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