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Prepare quarterly production budgets for each quarter

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Reference no: EM132756982

Question - 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 6,500

3 9,900

4 10,300

The January 1, 2020, inventory of HD-240 is 1,500 units. Management wants an ending inventory each quarter that is equal to 30% of the next quarter's sales. It expects sales in the first quarter of 2021 to be 20% higher. Prepare quarterly production budgets for each quarter for 2020.

Reference no: EM132756982

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