Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 1 5,500 2 7,420 3 8,260 4 10,130 The January 1, 2020, inventory of HD-240 is 2,200 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.

Explanation:

                         1                 2             3             4           5

sales             15500        7420        8260    10130   19220

Inventory     2200

Ending

inventory     2968          3304         4052       7688

Production  16,268       7756          9008     13766

Total production = 46,798

Workings

Ending  inventory

Quarter 1  =40%*7420

Quarter 2 40%*8260= 3304

Quarter 3 40%*10130=4052

Quarter 4 40%* 19220=7688

Production formula

Quarterly sales + ending inventory - opening inventory

Please note that the ending inventory of a quarter is the opening inventory of the next quarter

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.

answer///a coalition;