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Tillman Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 202 bikes in inventory. The company has a policy that the ending inventory in
Tillman Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 202 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: (Click the icon to view the data) Prepare a production budget for the second quarter, with column for each month and for the quarter. Tillman Cycles Production Budget For the Months of April through June April May Data table June Quarter Unit sales April... May 1,010 bikes 1,170 bikes Plus: Desired ending inventory Total needed June 1,370 bikes July 1,210 bikes Less: Beginning inventory Units to produce Print Done
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