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Tillman Cycles manufactures chainless bicycles. On March 3 1 , Tillman Cycles had 2 0 6 bikes in inventory. The company has a policy that

Tillman Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 206 bikes in inventory. The company has a policy
that the ending inventory in any month must be 20% of the following month's expected sales. Tillman Cycles expects to sell the
following number of bikes in each of next four months:
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Prepare a production budget for the second quarter, with a column for each month and for the quarter.
Tillman Cycles
Production Budget
For the Months of April through June
Data table
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