Question
Nichols Cycles manufactures chainless bicycles. On March 31, Nichols Cycles had 100 bikes in inventory. The company has a policy that the ending inventory
Nichols Cycles manufactures chainless bicycles. On March 31, Nichols Cycles had 100 bikes in inventory. The company has a policy that the ending inventory in any month must be 10% of the following month's expected sales. Nichols Cycles expects to sell the following number of bikes in each of next four months: (Click the icon to view the data) Prepare a production budget for the second quarter, with a column for each month and for the quarter Unit sales Nichols Cycles Production Budget For the Months of April through June Plus: Desired ending inventory Total needed Less: Beginning Inventory Units to produce April May June Quarter ta) he second quarter, with a column for each month and for the quarter. Data table F the M April..... .... 1,000 bikes May... .... 1,170 bikes June.... July. 1,360 bikes 1,250 bikes Print Done -
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