23-4.png - Exercise 23 4 Turney Company produces and sells...

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Unformatted text preview: Exercise 23 - 4 Turney Company produces and sells automobile batteries , the heavy - duty HD - 240 . The 2017 sales Forecast is as Follows . Quarter HD - 240 5 , 400 2 7, 160 8, 460 10, 460 The January 1 , 2017 , 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 2018 are expected to be 25%/ } higher than sales in the same quarter in 2017 . Prepare quarterly production budgets For each quarter and in total For 2017 . For the Year Ending December 31 , 2017 $ Product HD - 240 Quarter 3 4 Year Expected Unit Sales 5, 400 7, 160 8, 450 10, 160 Add $\ \ Desired Ending Finished Goods Unit *\ 2, 854 3, 384 4, 184 2, 700 Total Required Units 8 , 254 10, 544 12 , 54 4 13 , 160 Less *\ ; | Beginning Finished Goods Unit* 2, 160 2, 864 3, 384 4, 184 Required Production Units 6, 104 7, 680 9, 250 8, 976 32, 020...
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  • Fall '09
  • Self number, 496, 25%, 40%, 240 Quarter, 3 4 Year

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