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Budgeting" E21-Four Turney Firm produces and sells car batteries, the heavy‐responsibility HD‐240. The 2017 gross sales forecast is as follows. Quarter     HD‐240 1     5,000 2     7,000 three     eight,000 Four     10,000 The January 1, 2017, stock of HD‐240 is 2,000 models. Administration needs an ending stock every quarter equal to 40% of the subsequent quarter's gross sales. Gross sales within the first quarter of 2018 are anticipated to be 25% larger than gross sales in the identical quarter in 2017.Get accounting project homework assist