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Card Bicycle makes bicycles, which use two tires and one seat each. 2021 will begin Finished Goods Inventory with 3,000 Bicycles and Raw Materials is

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Card Bicycle makes bicycles, which use two tires and one seat each. 2021 will begin Finished Goods Inventory with 3,000 Bicycles and Raw Materials is expected to contain 3,850 bicycle tires and 1,925 bicycle seats. There is no Work in Process inventory at the end of any month. The Sales forecast for 2021 projects that the company will sell 7,500 bicycles (quantity, not dollars) in January, 8,000 in February and 10,000 in March and 12,000 in April. The company has a policy of having 40% of next months bicycle sales in Finished Goods ending inventory each month and 25% of the company's raw material needs for the next month in ending Raw Materials Inventory. (Each bicycle uses 2 tires and 1 seat) Determine how many bicycles the company should budget to make in 2021. Determine how many tires and how many seats Card should budget to purchase each of the first three months of 2021. 1. Number of Bicycles to make in January 2. Number of Bicycles to make in February 3. Number of Bicycles to make in March. 4. 5. 6. Number of Tires to purchase in January. _Number of Tires to purchase in February. Number of Tires to purchase in March. _Number of Seats to purchase in January. Number of Seats to purchase in February. 7. 8. 9 Number of Seats to purchase in March

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