9-4 Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2014 sales forecast is as follows.

9-4 Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2014 sales forecast is as follows.HD 2405,100 7,180 8,310 10,140 The January 1, 2014, inventory of HD-240 is 2,040 units. Management desires an ending inventory each quarter equal to 40% of the next quarter’s sales. Sales in the first quarter of 2015 are expected to be 25% higher than sales in the same quarter in 2014.Prepare quarterly production budgets for each quarter and in total for 2014.9-1aGlendo Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2014.1. Sales: Quarter 1, 28,900 bags; quarter 2, 42,700 bags. Selling price is $63 per bag. 2. Direct materials: Each bag of Snare requires 5 pounds of Gumm at a cost of $4 per pound and 7 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels: Type of Inventory January 1 April 1 July 1 Snare (bags) 8,100 12,300 18,300 Gumm (pounds) 9,400 10,300 13,300 Tarr (pounds) 14,300 20,400 25,400 4. Direct labor: Direct labor time is 15 minutes per bag at an hourly rate of $14 per hour. 5. Selling and administrative expenses are expected to be 15% of sales plus $177,000 per quarter. 6. Income taxes are expected to be 30% of income from operations. Your assistant has prepared two budgets: (1) The manufacturing overhead budget shows expected costs to be 150% of direct labor cost. (2) The direct materials budget for Tarr shows the cost of Tarr purchases to be $303,000 in quarter 1 and $425,000 in quarter 2.prepare sales budget and production budget

Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2014 salesforecast is as follows.HD-240 by Quarter1st Quarter5,1003rd Quarter8,310ndth2 Quarter7,1804...