Concord company produces and sells automobile batteries, the heavy-duty hd-240. the 2017 sales forecast is as follows. quarter hd-240 1 5,400 2 7,160 3 8,460 4 10,460 the january 1, 2017, inventory of hd-240 is 2,160 units. management desires an ending inventory each quarter equal to 40% of the next quarter’s sales. sales in the first quarter of 2018 are expected to be 25% higher than sales in the same quarter in 2017. prepare quarterly production budgets for each quarter and in total for 2017.

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)