Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 5,000 2 7,000 3 8,000 4 10,000 The January 1, 2022, inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2023 are expected to be 25% higher than sales in the same quarter in 2022.

Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 5,000 2 7,000 3 8,000 4 10,000 The January 1, 2022, inventory of...

Turney Company produces and sells automobile batteries, the heavy-duty HD-240.
The 2022 sales forecast is as follows.

	Quarter	HD-240
	1	5,000
	2	7,000
	3	8,000
	4	10,000

The January 1, 2022, inventory of HD-240 is 2,000 units. Management desires an ending
inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of
2023 are expected to be 25% higher than sales in the same quarter in 2022.

Sep 09, 2022

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