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Thomas Cycles manufactures chainless bicycles. On March 31, Thomas Cycles had 202 bikes ininventory. The company has a policy that the ending inventory in any

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Thomas Cycles manufactures chainless bicycles. On March 31, Thomas Cycles had 202 bikes ininventory. The company has a policy that the ending inventory in any month must be 20% of the following month's expected sales. Thomas 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. Thomas Cycles Production Budget For the Months of April through June Data Table April May June Quarter Unit sales Plus: Desired ending inventory Total needed April May June July 1,010 bikes 1,130 bikes 1,380 bikes 1,260 bikes Print Done Enter any number in the edit fields and then click Check

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