Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2012 sales budget is as follows.
Quarter HD-240
1 5,000
2 7,000
3 8,000
4 10,000
The January 1, 2012, inventory of HD-240 is 2,500 units. Management desires an ending inventory each quarter equal to 50% of the next quarter’s sales. Sales in the first quarter of 2013 are expected to be 30% higher than sales in the same quarter in 2012.
Complete quarterly production budgets for each quarter and in total for 2012.
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Write My Essay For MeTURNEY COMPANY
Production Budget
For the Year Ending December 31, 2012
Product HD-240
Quarter
1 2 3 4 Year
Add:
Total required units
Less:
Required production units
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