Prepare quarterly production budgets Exercise 2 Pletcher Company_produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales budget is as follows.2 Quarter HD-240 1 6,000 8,000 2 3...

Extracted text: Prepare quarterly production budgets Exercise 2 Pletcher Company_produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales budget is as follows.2 Quarter HD-240 1 6,000 8,000 2 3 8,000 4 11,000 3,500 The January 1, 2020, inventory of HD-240 is each quarter equal to 30% higher than sales in the same quarter in 2020. units. Management desires an ending inventory of the next quarter's sales. Sales in the first quarter of 2021 are expected to be 50% Instructions: Prepare quarterly production budgets for quarter and in total for 2020. PLETCHER COMPANY Production Budget For the Year Ending December 31, 2020 Product HD-240 Quarter 1 2 3 4 Year Expected unit sales Amount Amount Amount Amount Formula Formula Formula Add: Desired ending finished goods units(1) Formula Formula Formula (2) Formula Formula Total required units Formula Formula Formula Less: Beginning finished goods units Formula Required production units Formula Formula Formula Formula Formula