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Terrain Cycles manufactures chainless bicycles. On March 31, Terrain Cycles had 106 bikes in inventory. The company's policy is that the ending inventory in any

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Terrain Cycles manufactures chainless bicycles. On March 31, Terrain Cycles had 106 bikes in inventory. The company's policy is that the ending inventory in any month must be 10% of the following month's expected sales. Terrain Cycles expects to sell the following number of bikes in each of next 4 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. - X Terrain Cycles Production Budget For the Quarter ended June 30 Month Data table April May June 2nd Quarter April Unit sales May 1,080 bikes 1,110 bikes 1.340 bikes June July 1.390 bikes Plus: Desired ending inventory Total needed Less: Beginning Inventory Units to produce Print Done

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